Benjamin G. Wolff - Mar 24, 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Julie Wolff, Attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol
STRC
Transactions as of
Mar 24, 2022
Transactions value $
-$3,670,508
Form type
4
Date filed
3/28/2022, 04:53 PM
Previous filing
Mar 17, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$3.67M -503K -9.49% $7.29 4.8M Mar 24, 2022 Direct F1, F2
holding STRC Common Stock 9.8M Mar 24, 2022 See footnote 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 restricted stock.
F2 Includes shares represented by restricted stock, of which 1,282,305 vested on March 24, 2022.
F3 Represents shares held by Mare's Leg Capital, LLC ("Mare's Leg"). Mare's Leg is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.