Glen Daniel Weinstein - Mar 10, 2023 Form 4 Insider Report for IROBOT CORP (IRBT)

Role
EVP and Chief Legal Officer
Signature
/s/ Glen D. Weinstein
Stock symbol
IRBT
Transactions as of
Mar 10, 2023
Transactions value $
-$102,181
Form type
4
Date filed
3/14/2023, 07:32 PM
Previous filing
Mar 9, 2023
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRBT Common Stock Award $0 +34.1K +66.11% $0.00 85.8K Mar 10, 2023 Direct F1
transaction IRBT Common Stock Tax liability -$50.4K -1.15K -1.34% $43.93 84.7K Mar 11, 2023 Direct F2
transaction IRBT Common Stock Tax liability -$32.2K -734 -0.87% $43.93 83.9K Mar 11, 2023 Direct F3
transaction IRBT Common Stock Tax liability -$19.5K -445 -0.53% $43.93 83.5K Mar 12, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a restricted stock unit award made pursuant to the iRobot Corporation 2018 Stock Option and Incentive Plan. The restricted stock units vest over a three-year period, at a rate of 33.33% on the first anniversary of the grant date and in equal quarterly installments of 8.33% over the following two years. Vested shares will be delivered to the reporting person as soon as practicable following each vesting date, but in no event later than 30 days after each such vesting date.
F2 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon vesting of Restricted Stock Units.
F3 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon vesting of Performance Share Units.