Daniela Rus - 01 Mar 2023 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Director
Signature
/s/ Corey Dufresne, as Attorney-in-Fact for Daniela Rus
Issuer symbol
SYM
Transactions as of
01 Mar 2023
Transactions value $
$0
Form type
4
Filing time
03 Mar 2023, 16:30:02
Next filing
06 Mar 2024
SEC
View on sec.gov

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 +10.4K $0.00 10.4K 01 Mar 2023 Class A Common Stock 10.4K Direct F1, F2
transaction SYM Restricted Stock Units Award $0 +20.9K $0.00 20.9K 01 Mar 2023 Class A Common Stock 20.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 The restricted stock units vest in full upon the earliest of: (1) March 1, 2024, (2) the Issuer's 2024 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
F3 The restricted stock units vest as follows: 1/3 of the restricted stock units vest on each of March 1, 2024, March 1, 2025 and March 1, 2026, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.