Key facts
- This page summarizes Thomas C. Ernst Jr.'s Form 4 filing for Symbotic Inc. (SYM).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Dec 2023, 17:28.
Thomas C. Ernst Jr. - 13 Dec 2023 Form 4 Insider Report for Symbotic Inc. (SYM)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- SYM
- Reported as of
- 13 Dec 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 15 Dec 2023, 17:28:05 UTC
- Prior SEC filing
- 31 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Corey Dufresne, Attorney-in-Fact for Thomas C. Ernst, Jr.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Thomas C. Ernst Jr. filed Form 4 for Symbotic Inc. (SYM) on 15 Dec 2023.
Change
- Previous filing in this sequence was filed on 31 Aug 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SYM
transaction
Class V-1 Common Stock
Gift
- Transaction value
- $0
- Shares
- -1,000
- Change %
- -0.11%
- Price
- $0.000000
- Shares after
- 872,279
- Date
- 13 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SYM
transaction
Derivative
Symbotic Holdings Units
Gift
- Transaction value
- Shares
- -1,000
- Change %
- -0.11%
- Price
- Shares after
- 872,279
- Date
- 13 Dec 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,000
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Thomas C. Ernst Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share of Class V-1 Common Stock entitles its holder to 1 vote per share.
Footnote F2
The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings LLC ("Symbotic Holdings") and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are redeemable by the holder on a one-for-one basis for a share of Class A Common Stock of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions, and in accordance with other terms and conditions set forth in Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement, dated as of June 7, 2022. Upon redemption, the Issuer will cancel the Symbotic Holdings Units and cancel and retire for no consideration the redeemed shares of Class V-1 Common Stock.
Footnote F3
Represents a bona fide gift to a charitable donor-advised fund. Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.