Reid Hoffman - May 26, 2023 Form 4 Insider Report for Aurora Innovation, Inc. (AUR)

Role
Director
Signature
/s/ Jessica McBride, Attorney-in-fact for Reid Hoffman
Stock symbol
AUR
Transactions as of
May 26, 2023
Transactions value $
$0
Form type
4
Date filed
5/30/2023, 05:14 PM
Previous filing
Apr 7, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUR Class A Common Stock Award $0 +159K +300.38% $0.00 212K May 26, 2023 Direct F1
holding AUR Class A Common Stock 1M May 26, 2023 See Footnote F2
holding AUR Class A Common Stock 6.88M May 26, 2023 See Footnotes F3
holding AUR Class A Common Stock 675K May 26, 2023 See Footnote F4
* 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 26, 2024 or (ii) the day prior to the date of the Issuer's next annual stockholders meeting following May 26, 2023, in each case, subject to the reporting person's continued service through the applicable vesting date.
F2 Reflects Issuer Class A common stock acquired by Reprogrammed Interchange LLC ("Reprogrammed") from the Issuer pursuant to a Subscription Agreement in connection with the business combination of Reinvent Technology Partners Y (the former name of the Issuer) ("RTPY") and Aurora Innovation, Inc. (the "Business Combination"). The reporting person may be deemed a beneficial owner of securities held by Reprogrammed by virtue of his shared control over and indirect pecuniary interest in Reprogrammed. The reporting person disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.
F3 Reflects securities held directly by Reinvent Sponsor Y LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
F4 On November 3, 2021, upon the consummation of the Business Combination, each outstanding share of Aurora Innovation Holdings, Inc. (formerly Aurora Innovation, Inc.) common stock held by Programmable Exchange LLC was cancelled and converted into approximately 2.1708 shares of Class A common stock of the Issuer. The reporting person may be deemed a beneficial owner of securities held by Programmable Exchange LLC by virtue of his voting and investment power over such securities. The reporting person disclaims beneficial ownership of the securities held by Programmable Exchange LLC, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney