Brian D. Finn - Jun 14, 2023 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Director
Signature
/s/ Stephen Sonne, attorney in fact on behalf of Brian D. Finn
Stock symbol
STRC
Transactions as of
Jun 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 06:20 PM
Previous filing
Mar 30, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +195K +109.71% $0.00 373K Jun 14, 2023 Direct F1
holding STRC Common Stock 2.16M Jun 14, 2023 By Marstar Investments LLC F2
holding STRC Common Stock 515K Jun 14, 2023 By MI-MJ LLC F3
holding STRC Common Stock 100K Jun 14, 2023 By MI-CM LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 195,059 restricted stock units ("RSUs"), each RSU representing the right to receive one share of common stock of the Issuer. The RSUs will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders following the date the award was granted, in each case, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
F2 Shares are held by Marstar Investments LLC ("Marstar"). Mr. Finn is the administrator of Marstar and has sole voting and dispositive power over the shares of Issuer common stock held by Marstar. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F3 Securities are held by MI-MJ ("MI-MJ"). Mr. Finn is the administrator of MI-MJ. As administrator, Mr. Finn has sole voting and dispositive power over the shares of Issuer common stock held by MI-MJ. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F4 Shares are held by MI-CM LLC ("MI-CM"). Mr. Finn is the administrator of MI-CM. As administrator, Mr. Finn has voting and dispositive power over the shares of Issuer common stock held by MI-CM. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.