Colin M. Angle - Mar 7, 2023 Form 4 Insider Report for IROBOT CORP (IRBT)

Role
Chief Executive Officer, Director
Signature
/s/ Glen D. Weinstein, Attorney-in-Fact
Stock symbol
IRBT
Transactions as of
Mar 7, 2023
Transactions value $
-$178,691
Form type
4
Date filed
3/9/2023, 05:37 PM
Previous filing
Mar 7, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRBT Common Stock Options Exercise $1.19M +36K +10.99% $33.14 364K Mar 7, 2023 Direct
transaction IRBT Common Stock Tax liability -$1.19M -28K -7.7% $42.64 336K Mar 7, 2023 Direct F1
transaction IRBT Common Stock Tax liability -$100K -2.35K -0.7% $42.64 333K Mar 7, 2023 Direct F2
transaction IRBT Common Stock Tax liability -$78.3K -1.78K -0.53% $43.96 332K Mar 8, 2023 Direct F3

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 IRBT Employee Stock Option (Right to Buy) Options Exercise $0 -36K -100% $0.00* 0 Mar 7, 2023 Common Stock 36K $33.14 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. These shares were withheld by the Issuer for payment of the exercise price, based on the closing market price of the Issuer's common stock on March 7, 2023 of $42.64. The options would otherwise expire on March 11, 2023, pursuant to their terms.
F2 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon exercise of stock options.
F3 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon vesting of Restricted Stock Units.
F4 This option is currently exercisable.