Nolan Shenai - 08 Mar 2023 Form 4 Insider Report for Aurora Innovation, Inc. (AUR)

Role
Reporting person's title: General Counsel and Secretary
Signature
/s/ Jessica McBride, Attorney-in-fact for Nolan Shenai
Issuer symbol
AUR
Transactions as of
08 Mar 2023
Net transactions value
+$113,600
Form type
4
Filing time
09 Mar 2023, 15:24:41 UTC
Previous filing
21 Feb 2023
Next filing
24 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUR Class A Common Stock Award $0 +80,000 +75% $0.000000 187,109 08 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 AUR Stock Options (Right to Buy) Award $113,600 +80,000 +23% $1.42 433,016 08 Mar 2023 Class A Common Stock 80,000 $1.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of Class A Common Stock. Twelve and one-half percent (12.5%) of the RSUs will vest on May 20, 2023, and 12.5% of the total number of RSUs will vest quarterly thereafter on the Issuer's standard quarterly vesting dates, subject to the reporting person's continued service on each such date.
F2 One twenty-fourth (1/24) of the stock options will vest on March 20, 2023, and one twenty-fourth (1/24) of the total number of stock options will vest monthly thereafter, subject to the reporting person's continued service on each such date.

Remarks:

Reporting person's title: General Counsel and Secretary