Rollin L. Ford - Mar 1, 2024 Form 4 Insider Report for Symbotic Inc. (SYM)

Role: Director
Signature: /s/ Corey Dufresne. Attorney-in-Fact
Stock symbol: SYM
Transactions as of: Mar 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/6/2024, 06:28 AM
Previous filing: Nov 30, 2023
Next filing: Jun 11, 2024

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
holding	SYM	Class A Common Stock						8K	Mar 1, 2024	By Rollin L Ford Trust
holding	SYM	Class A Common Stock						30K	Mar 1, 2024	By Spouse	F2

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	F3, F4
transaction	SYM	Restricted Stock Units	Award	$0	+4.06K		$0.00	4.06K	Mar 1, 2024	Class A Common Stock	4.06K		Direct	F3, 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	Rollin Ford may be considered to have an indirect pecuniary interest in 30,000 shares of Class A Common Stock held directly by the RLF 2020 Gift Trust, in which Mr. Ford's wife acts as trustee and to which Mr. Ford's immediate family have a pecuniary interest. Rollin Ford does not have voting or investment control over the shares and disclaims beneficial ownership of the shares held by the RLF 2020 Gift Trust except to the extent that Mr. Ford may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares held by the RLF 2020 Gift Trust for purposes of Section 16 or for any other purpose.
F3	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F4	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.
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.