Benjamin G. Wolff - 28 Dec 2021 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Julie Wolff, Attorney-in-fact on behalf of Benjamin G. Wolff
Issuer symbol
STRC
Transactions as of
28 Dec 2021
Transactions value $
-$105,319
Form type
4
Filing time
30 Dec 2021, 16:47:21 UTC
Previous filing
24 Sep 2021
Next filing
06 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$105,318 -10,714 -0.2% $9.83* 5,405,713 28 Dec 2021 Direct F1, F2
holding STRC Common Stock 14,598,714 28 Dec 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares represented by restricted stock units, or RSUs, of which all 287,205 have vested. Settlement of the remaining vested RSUs will not occur until March 15, 2022.
F2 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
F3 Represents shares held by Mare's Leg Capital, LLC ("Mare's Leg"). Mare's Leg is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.