Kristi Martindale - Dec 28, 2021 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
EVP, Ch. Product & Market Off
Signature
/s/ Kristi Martindale
Stock symbol
STRC
Transactions as of
Dec 28, 2021
Transactions value $
-$239,639
Form type
4
Date filed
3/17/2022, 05:59 PM
Previous filing
Sep 24, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$32.7K -3.33K -3.66% $9.83* 87.7K Dec 28, 2021 Direct F1, F2
transaction STRC Common Stock Tax liability -$207K -38K -43.29% $5.45 49.7K Mar 15, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
F2 The reported shares are represented by restricted stock units, or RSUs of which 76,602 have vested as of December 6, 2021 and the remaining shares vest beginning on January 6, 2022 in monthly installments equal to 1/36 of the total RSUs subject to the award.
F3 Includes shares represented by restricted stock units, or RSUs, of which 74,876 settled on March 15, 2022.