Kristi Martindale - May 20, 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
EVP, Ch. Product & Market Off
Signature
/s/ Julie Wolff, Attorney-in-fact on behalf of Kristi Martindale
Stock symbol
STRC
Transactions as of
May 20, 2022
Transactions value $
$0
Form type
4
Date filed
5/23/2022, 08:26 PM
Previous filing
May 5, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +53.9K +99.69% $0.00 108K May 20, 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 +85.2K $0.00 85.2K May 20, 2022 Common Stock 85.2K $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.