Benjamin G. Wolff - 20 May 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role: Executive Chairman, Director
Signature: /s/ Julie Wolff, Attorney-in-fact on behalf of Benjamin G. Wolff
Issuer symbol: STRC
Transactions as of: 20 May 2022
Transactions value $: $0
Form type: 4
Filing time: 23 May 2022, 20:33:25 UTC
Previous filing: 12 May 2022
Next filing: 28 Jun 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	Award	$0	+49.4K		$0.00	49.4K	20 May 2022	By Spouse	F1
transaction	STRC	Common Stock	Award	$0	+122K	+2.55%	$0.00	4.92M	20 May 2022	Direct	F2
transaction	STRC	Common Stock	Award	$0	+8.96K	+18.12%	$0.00	58.4K	20 May 2022	BySpouse	F3
transaction	STRC	Common Stock	Tax liability	$0	-3.52K	-6.04%	$0.00	54.9K	20 May 2022	By Spouse	F4
holding	STRC	Common Stock						9.8M	20 May 2022	See footnote	F5

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	STRC	Stock Option (right to buy)	Award	$0	+78.1K		$0.00	78.1K	20 May 2022	Common Stock	78.1K	$4.09	By spouse	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on May 20, 2023, and then 1/12 of the award vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date.
F2	Represents RSUs granted pursuant to the Plan which can only be settled with shares of common stock. 100% of the award will vest on December 13, 2022, subject to the Reporting Person's continued service to the Issuer through such date.
F3	Represents restricted stock granted pursuant to the Plan. 100% of the award vested on the date of grant.
F4	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 restricted stock.
F5	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.
F6	25% of the shares subject to the Option will vest on May 20, 2023, and then 1/12 of the shares subject to the Option vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date.