Benjamin G. Wolff - 15 Mar 2022 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
15 Mar 2022
Transactions value $
-$549,611
Form type
4
Filing time
17 Mar 2022, 21:50:17 UTC
Previous filing
14 Mar 2022
Next filing
28 Mar 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 -$550K -101K -1.87% $5.45* 5.3M 15 Mar 2022 Direct F1, F2
holding STRC Common Stock 9.8M 15 Mar 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes shares represented by restricted stock units, or RSUs, of which 276,491 settled on March 15, 2022.
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.