David Maday - 14 Jun 2023 Form 4 Insider Report for Aurora Innovation, Inc. (AUR)

Role
Reporting person's title: Chief Financial Officer
Signature
/s/ Yijun Han, Attorney-in-fact for David Maday
Issuer symbol
AUR
Transactions as of
14 Jun 2023
Net transactions value
$0
Form type
4
Filing time
15 Jun 2023, 09:12:19 UTC
Next filing
22 Aug 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 +750,000 +212% $0.000000 1,103,396 14 Jun 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 $0 +125,000 $0.000000 125,000 14 Jun 2023 Class A Common Stock 125,000 $2.07 Direct F2
transaction AUR Stock Options (Right to Buy) Award $0 +500,000 $0.000000 500,000 14 Jun 2023 Class A Common Stock 500,000 $2.07 Direct F3
transaction AUR Stock Options (Right to Buy) Award $0 +125,000 $0.000000 125,000 14 Jun 2023 Class A Common Stock 125,000 $2.07 Direct 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 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Issuer. The reported securities represents (i) 125,000 RSUs, 50% of which will vest on each of the Issuer's standard quarterly vesting dates following May 20, 2023, (ii) 500,000 RSUs, 12.5% of which will vest on each of the Issuer's standard quarterly vesting dates following November 20, 2023, and (iii) 125,000 RSUs, 25% of which will vest on each of the Issuer's standard quarterly vesting dates following November 20, 2025, in each case subject to the reporting person's continued service through the applicable vesting date.
F2 1/7th of the shares subject to the stock option will vest monthly following May 20, 2023, subject to the reporting person?s continued service through the applicable vesting date.
F3 1/24th of the shares subject to the stock option will vest monthly following December 20, 2023, subject to the reporting person's continued service through the applicable vesting date.
F4 1/12th of the shares subject to the stock option will vest monthly following December 20, 2025, subject to the reporting person's continued service through the applicable vesting date.

Remarks:

Reporting person's title: Chief Financial Officer