Trevor Thatcher - Mar 5, 2024 Form 3 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role: Chief Financial Officer
Signature: /s/ Stephen Sonne, attorney-in-fact on behalf of Trevor Thatcher
Stock symbol: STRC
Transactions as of: Mar 5, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/13/2024, 06:25 PM
Next filing: Apr 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	STRC	Common Stock						14.6K	Mar 5, 2024	Direct	F1, F2

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
holding	STRC	Stock Option (right to buy)							Mar 5, 2024	Common Stock	4K	$49.32	Direct	F3
holding	STRC	Stock Option (right to buy)							Mar 5, 2024	Common Stock	967	$24.54	Direct	F4
holding	STRC	Stok Option (right to buy)							Mar 5, 2024	Common Stock	19.7K	$2.82	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes (1) 690 shares of common stock of the Issuer; (2) 800 restricted stock units ("RSUs") outstanding of the 1,600 RSUs granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock, and 25% of the initial award vested on December 13, 2022, and thereafter 1/12 of the remaining portion of the award vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date;
F2	(3) 254 RSUs outstanding of the 408 RSUs granted pursuant to the Plan which can only be settled with shares of common stock, and 25% of the initial award vested on May 20, 2023, and thereafter 1/12 of the remaining portion of the award vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date; and (4) 12,854 RSUs granted pursuant to the Plan which can only be settled with shares of common stock, 25% of which will vest on March 29, 2024, and thereafter 1/12 of the remaining portion of the award will vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date.
F3	25% of the shares subject to the option vested on December 13, 2022, and thereafter 1/12 of the shares subject to the option shall vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date.
F4	25% of the shares subject to the option vested on May 20, 2023, and thereafter 1/12 of the shares subject to the option shall vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date.
F5	25% of the shares subject to the option will vest on March 29, 2024, and thereafter 1/12 of the shares subject to the option shall vest on each quarterly vesting date, subject to the Reporting Person's continued service to the Issuer through such date.