Jorgen Pedersen - 29 Mar 2023 Form 4 Insider Report for Sarcos Technology & Robotics Corp (PDYN)

Signature
/s/ Stephen Sonne, Attorney-in-fact on behalf of Jorgen Pedersen
Issuer symbol
PDYN
Transactions as of
29 Mar 2023
Net transactions value
$0
Form type
4
Filing time
30 Mar 2023, 19:49:21 UTC
Previous filing
23 May 2022
Next filing
23 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +185,304 +2.7% $0.000000 7,103,628 29 Mar 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 +284,352 $0.000000 284,352 29 Mar 2023 Common Stock 284,352 $0.4700 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.