Benjamin G. Wolff - Feb 1, 2023 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Director
Signature
/s/ Stephen Sonne, Attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol
STRC
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 03:38 PM
Previous filing
Jan 5, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +95.9K +2.85% $0.00 3.46M Feb 1, 2023 Direct F1, F2
holding STRC Common Stock 9.8M Feb 1, 2023 See footnote F3
holding STRC Common Stock 54.9K Feb 1, 2023 By spouse
* 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"), 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) February 1, 2024 or (ii) the day prior to the date of the annual meeting of the Company's stockholders next following February 1, 2023, in each case, subject to the Reporting Person continuing to be a service provider through the applicable vesting date.
F2 Includes 1,405,074 RSUs.
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.