Daniela Rus - Mar 1, 2024 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Director
Signature
/s/ Corey Dufresne, as Attorney-in-Fact for Daniela Rus
Stock symbol
SYM
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 06:27 AM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Options Exercise +10.4K 10.4K Mar 1, 2024 Direct F1
transaction SYM Class A Common Stock Options Exercise +6.96K +66.66% 17.4K Mar 1, 2024 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 -10.4K -100% $0.00* 0 Mar 1, 2024 Class A Common Stock 10.4K Direct F2, F3
transaction SYM Restricted Stock Units Options Exercise $0 -6.96K -33.33% $0.00 13.9K Mar 1, 2024 Class A Common Stock 6.96K Direct F2, F4
transaction SYM Restricted Stock Units Award $0 +4.06K $0.00 4.06K Mar 1, 2024 Class A Common Stock 4.06K Direct F2, F5
* 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 March 1, 2023, the Reporting Person was granted 10,447 restricted stock units that 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.
F4 On March 1, 2023, the Reporting Person was granted 20,895 restricted stock units that 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.
F5 The restricted stock units vest in full upon the earliest of: (1) March 1, 2025, (2) the Issuer's 2025 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.