Benjamin G. Wolff - 24 Jun 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
24 Jun 2022
Transactions value $
-$1,267,892
Form type
4
Filing time
28 Jun 2022, 16:36:49 UTC
Previous filing
23 May 2022
Next filing
12 Sep 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 -$1.27M -451K -9.16% $2.81 4.47M 24 Jun 2022 Direct F1, F2
holding STRC Common Stock 9.8M 24 Jun 2022 See footnote F3
holding STRC Common Stock 54.9K 24 Jun 2022 By spouse
* 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 restricted stock.
F2 Includes shares represented by restricted stock, of which 1,282,306 vested on June 24, 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.