Charles Kane - 01 Mar 2024 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Director
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Charles Kane
Issuer symbol
SYM
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
06 Mar 2024, 06:29:43 UTC
Previous filing
15 Dec 2023
Next filing
17 May 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 +10,447 +16% 75,447 01 Mar 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 -10,447 -100% $0.000000* 0 01 Mar 2024 Class A Common Stock 10,447 Direct F2, F3
transaction SYM Restricted Stock Units Award $0 +4,060 $0.000000 4,060 01 Mar 2024 Class A Common Stock 4,060 Direct F2, F4
* 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 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.