Kiva A. Allgood - 20 May 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (PDYN)

Signature
/s/ Julie Wolff, attorney-in-fact on behalf of Kiva A. Allgood
Issuer symbol
PDYN
Transactions as of
20 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 20:21:56 UTC
Previous filing
10 May 2022
Next filing
09 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +220,049 +54% $0.000000 630,446 20 May 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STRC Stock Option (right to buy) Award $0 +347,835 $0.000000 347,835 20 May 2022 Common Stock 347,835 $4.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on May 20, 2023, and then 1/12 of the award vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F2 25% of the shares subject to the Option will vest on May 20, 2023, and then 1/12 of the shares subject to the Option vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date.