Carl M. Eschenbach - 20 May 2022 Form 4 Insider Report for Aurora Innovation, Inc. (AUR)

Role
Director
Signature
/s/ Carl Eschenbach
Issuer symbol
AUR
Transactions as of
20 May 2022
Net transactions value
$0
Form type
4
Filing time
20 May 2022, 16:08:42 UTC
Previous filing
10 May 2022
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUR Class A Common Stock Award $0 +52,992 $0.000000 52,992 20 May 2022 Direct F1
holding AUR Class A Common Stock 165,000 20 May 2022 Sequoia Capital U.S. Growth Fund VIII, L.P. F2, F3
holding AUR Class A Common Stock 335,000 20 May 2022 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs will vest on the earlier of (i) May 20, 2023 or (ii) the day prior to the date of the Issuer's next annual stockholders meeting following May 20, 2022, in each case, subject to the reporting person's continued service through the applicable vesting date.
F2 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. ("GGF III"), and (ii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. ("GF VIII"). As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GF VIII and GGF III .
F3 (Continued from Footnote 2) The Reporting Person disclaims beneficial ownership of the securities included in this report, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Remarks:

Exhibit 24 - Power of Attorney