Benjamin G. Wolff - Dec 24, 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Executive Chairman, Director
Signature
/s/ Stephen Sonne, Attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol
STRC
Transactions as of
Dec 24, 2022
Transactions value $
-$340,896
Form type
4
Date filed
12/28/2022, 03:51 PM
Previous filing
Dec 15, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$341K -620K -15.56% $0.55 3.36M Dec 24, 2022 Direct F1, F2
holding STRC Common Stock 9.8M Dec 24, 2022 See footnote F3
holding STRC Common Stock 54.9K Dec 24, 2022 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of restricted stock.
F2 Includes shares represented by restricted stock, of which 1,282,306 vested on December 24, 2022 and were then reduced by the 619,698 shares withheld for taxes as reported on this Form 4, including in connection with settlements on June 24, 2022 and September 24, 2022.
F3 Represents shares held by Mare's Leg Capital, LLC ("Mare's Leg"). Mare's Leg is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.