Sterling Anderson - 27 Jun 2023 Form 4 Insider Report for Aurora Innovation, Inc. (AUR)

Role
Director
Signature
/s/ Yijun Han, Attorney-in-fact for Sterling Anderson
Issuer symbol
AUR
Transactions as of
27 Jun 2023
Net transactions value
-$1,559,820
Form type
4
Filing time
29 Jun 2023, 16:18:00 UTC
Previous filing
27 Jun 2023
Next filing
03 Jul 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 Conversion of derivative security +200,000 +215% 292,899 27 Jun 2023 Direct F1
transaction AUR Class A Common Stock Sale $507,600 -200,000 -68% $2.54 92,899 27 Jun 2023 Direct F2, F3
transaction AUR Class A Common Stock Conversion of derivative security +200,000 +215% 292,899 28 Jun 2023 Direct F1
transaction AUR Class A Common Stock Sale $512,520 -200,000 -68% $2.56 92,899 28 Jun 2023 Direct F2, F4
transaction AUR Class A Common Stock Conversion of derivative security +200,000 +215% 292,899 29 Jun 2023 Direct F1
transaction AUR Class A Common Stock Sale $539,700 -200,000 -68% $2.70 92,899 29 Jun 2023 Direct F2, F5

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 Class B Common Stock Conversion of derivative security $0 -200,000 -0.4% $0.000000 50,149,751 27 Jun 2023 Class A Common Stock 200,000 Direct F1
transaction AUR Class B Common Stock Conversion of derivative security $0 -200,000 -0.4% $0.000000 49,949,751 28 Jun 2023 Class A Common Stock 200,000 Direct F1
transaction AUR Class B Common Stock Conversion of derivative security $0 -200,000 -0.4% $0.000000 49,749,751 29 Jun 2023 Class A Common Stock 200,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sterling Anderson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible into an equal number of shares of Class A Common Stock at any time, at the holder's election, and has no expiration date.
F2 This transaction was effected automatically pursuant to a previously disclosed Rule 10b5-1 trading plan (the "Plan") adopted by the reporting person on September 13, 2022. The Plan was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) in effect at the time of adoption of the Plan. In the event that the maximum number of shares covered by the Plan are sold, the reporting person will continue to beneficially own approximately 85% of the total Class A Common Stock and Class B Common Stock the reporting person beneficially owned immediately prior to the first transactions under the Plan.
F3 Weighted average price. This transaction was executed in multiple trades at prices ranging from $2.50 to $2.585, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 Weighted average price. This transaction was executed in multiple trades at prices ranging from $2.50 to $2.64, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 Weighted average price. This transaction was executed in multiple trades at prices ranging from $2.57 to $2.775, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.