Merline Saintil - 20 Oct 2023 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Director
Signature
/s/ Corey Dufresne, Attorney-in-Fact
Issuer symbol
SYM
Transactions as of
20 Oct 2023
Net transactions value
$0
Form type
4
Filing time
24 Oct 2023, 17:14:16 UTC
Previous filing
30 Jun 2023
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Options Exercise +17,500 +47% 55,000 20 Oct 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 SYM Restricted Stock Units Options Exercise $0 -17,500 -50% $0.000000 17,500 20 Oct 2023 Class A Common Stock 17,500 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Class A common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F3 On August 17, 2022, the Reporting Person was granted an award of 52,500 restricted stock units, 1/3 of the restricted stock units vest on each of October 20, 2022, October 20, 2023 and October 20, 2024, subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.