Brian D. Finn - Jun 29, 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Director
Signature
/s/ Julie Wolff, attorney in fact on behalf of Brian D. Finn
Stock symbol
STRC
Transactions as of
Jun 29, 2022
Transactions value $
$0
Form type
4
Date filed
6/30/2022, 07:02 PM
Previous filing
Jun 16, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +57.7K +468.47% $0.00 70K Jun 29, 2022 Direct F1, F2
holding STRC Common Stock 100K Jun 29, 2022 By MI-CM LLC F3, F4
holding STRC Common Stock 823K Jun 29, 2022 By Marstar Investments LLC F5
holding STRC Common Stock 5.67M Jun 29, 2022 By Rotor Sponsor LLC F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 57,692 restricted stock units ("RSUs"), each RSU representing the right to receive one share of common stock of Sarcos Technology and Robotics Corporation (the "Company"). The RSUs will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the annual meeting of the Company's stockholders (the "Annual Meeting") next following the date the award was granted, in each case, subject to the Recipient continuing to be a Service Provider through the applicable vesting date.
F2 Includes 12,315 shares of Common Stock underlying RSUs that fully vested on June 28, 2022.
F3 The shares represented here were erroneously reported as directly held in the Reporting Person's Form 4 filings as filed on May 17, 2022 and June 16, 2022.
F4 Shares are held by MI-CM LLC ("MI-CM"). Mr. Finn is the administrator of MI-CM. As administrator, Mr. Finn has voting and dispositive power over the shares of Issuer common stock held by MI-CM. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F5 Shares are held by Marstar Investments LLC ("Marstar"). Mr. Finn is the administrator of Marstar and has sole voting and dispositive power over the shares of Issuer common stock held by Marstar. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F6 Shares held by Rotor Sponsor LLC ("Sponsor"). Mr. Finn is the managing member of Sponsor and has voting and dispositive power over the shares of Issuer common stock held by Sponsor. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.