Michael J. Loparco - Aug 17, 2022 Form 4/A - Amendment Insider Report for Symbotic Inc. (SYM)

Role
Chief Executive Officer, Director
Signature
/s/ Corey Dufresne, Attorney-in-Fact
Stock symbol
SYM
Transactions as of
Aug 17, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/24/2022, 08:26 PM
Date Of Original Report
Aug 19, 2022
Previous filing
Jun 9, 2022
Next filing
Aug 16, 2024

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 SYM Restricted Stock Units Award $0 +289K $0.00 289K Aug 17, 2022 Class A Common Stock 289K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 19, 2022, the Reporting Person filed a Form 4 which inadvertently reported the title of the derivative security in Column 1 of Table II as Class A Common Stock and the title of the underlying security in Column 7 of Table II as Restricted Stock Units. In fact, as reported in this amendment, the title of the derivative security in Column 1 of Table II is Restricted Stock Units and the title of the underlying securities in Column 7 of Table II is Class A Common Stock.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F3 The restricted stock units vest as follows: 1/3 of the restricted stock units vest on August 17, 2023, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.