Thomas C. Ernst JR - 06 Feb 2023 Form 4 Insider Report for Symbotic Inc. (SYM)

Signature
/s/ Corey Dufresne, Attorney-in-Fact
Issuer symbol
SYM
Transactions as of
06 Feb 2023
Transactions value $
$4,324
Form type
4
Filing time
08 Feb 2023, 16:01:44
Previous filing
06 Jan 2023
Next filing
10 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Award $4.32K +426 $10.15* 426 30 Dec 2022 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 SYM Restricted Stock Units Award $0 +93.5K $0.00 93.5K 06 Feb 2023 Class A Common Stock 93.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Symbotic Inc. 2022 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
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 February 6, 2024, 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.