Kristi Martindale - Mar 29, 2023 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
EVP, Ch. Product & Market Off
Signature
/s/ Stephen Sonne, Attorney-in-fact on behalf of Kristi Martindale
Stock symbol
STRC
Transactions as of
Mar 29, 2023
Transactions value $
$0
Form type
4
Date filed
3/30/2023, 07:47 PM
Previous filing
Mar 2, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +185K +174.53% $0.00 291K Mar 29, 2023 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 +284K $0.00 284K Mar 29, 2023 Common Stock 284K $0.47 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 will vest on March 29, 2024, and then 1/12 of the award vest on each quarterly vesting date thereafter, subject to the reporting person's continued service to the Issuer through such date.
F2 25% of the shares subject to the Option will vest on March 29, 2024, and then 1/12 of the shares subject to the Option vest on each quarterly vesting date thereafter, subject to the reporting person's continued service to the Issuer through such date.