Andrew Hamer - 20 Nov 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (PDYN)

Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Andrew Hamer
Issuer symbol
PDYN
Transactions as of
20 Nov 2022
Net transactions value
$0
Form type
4
Filing time
22 Nov 2022, 17:41:31 UTC
Previous filing
18 Oct 2022
Next filing
31 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +641,026 $0.000000 641,026 20 Nov 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 +986,842 $0.000000 986,842 20 Nov 2022 Common Stock 986,842 $1.17 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 vests on the first anniversary of the Grant Date, and 1/12 of the award vests on each Quarterly Vesting Date thereafter, subject to continued service. Quarterly Vesting Date means each of: March 29, May 20, August 20 and November 20, subject to the Reporting Person's continued service to the Issuer through such date.
F2 25% of the shares subject to the option vests on the first anniversary of the Grant Date, and 1/12 of the award vests on each Quarterly Vesting Date thereafter, subject to continued service. Quarterly Vesting Date means each of: March 29, May 20, August 20 and November 20. subject to the Reporting Person's continued service to the Issuer through such date.