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

Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Andrew Hamer
Stock symbol
STRC
Transactions as of
Nov 20, 2022
Transactions value $
$0
Form type
4
Date filed
11/22/2022, 05:41 PM
Previous filing
Oct 18, 2022
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +641K $0.00 641K Nov 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 +987K $0.00 987K Nov 20, 2022 Common Stock 987K $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.