Steven Q. Hansen - 31 Mar 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (PDYN)

Role
Chief Financial Officer
Signature
s/ Julie Wolff, Attorney -in-fact on behalf of Steven Q. Hansen
Issuer symbol
PDYN
Transactions as of
31 Mar 2022
Net transactions value
-$24,986
Form type
4
Filing time
04 Apr 2022, 19:15:00 UTC
Previous filing
17 Mar 2022
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability $1,503 -226 -1% $6.65 22,412 31 Mar 2022 Direct F1, F2
transaction STRC Common Stock Award $0 +8,955 +40% $0.000000 31,367 01 Apr 2022 Direct F3
transaction STRC Common Stock Tax liability $23,484 -3,505 -11% $6.70 27,862 01 Apr 2022 Direct F4
* 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 units, or RSUs.
F2 The reported shares are represented by RSUs, of which 534 vested and settled on March 31, 2022.
F3 Represents the grant and vesting of a restricted stock award on April 1, 2022.
F4 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 settlement of a restricted stock award.