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

Signature
/s/ Kristi Martindale
Issuer symbol
PDYN
Transactions as of
28 Dec 2021
Net transactions value
-$239,639
Form type
4
Filing time
17 Mar 2022, 17:59:10 UTC
Previous filing
24 Sep 2021
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability $32,724 -3,329 -3.7% $9.83* 87,699 28 Dec 2021 Direct F1, F2
transaction STRC Common Stock Tax liability $206,915 -37,966 -43% $5.45 49,733 15 Mar 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.