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

Signature
/s/ Yijun Han, Attorney-in-fact for David Maday
Stock symbol
AUR
Transactions as of
Jun 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/15/2023, 09:12 AM
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUR Class A Common Stock Award $0 +750K +212.23% $0.00 1.1M Jun 14, 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 +125K $0.00 125K Jun 14, 2023 Class A Common Stock 125K $2.07 Direct F2
transaction AUR Stock Options (Right to Buy) Award $0 +500K $0.00 500K Jun 14, 2023 Class A Common Stock 500K $2.07 Direct F3
transaction AUR Stock Options (Right to Buy) Award $0 +125K $0.00 125K Jun 14, 2023 Class A Common Stock 125K $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