Carol J. Hibbard - Feb 3, 2025 Form 4 Insider Report for Symbotic Inc. (SYM)

Role
Chief Financial Officer
Signature
/s/ Corey Dufresne, Attorney-in-Fact for Carol J. Hibbard
Stock symbol
SYM
Transactions as of
Feb 3, 2025
Transactions value $
-$124,489
Form type
4
Date filed
2/5/2025, 08:02 PM
Previous filing
Jan 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYM Class A Common Stock Options Exercise +14.3K +41.69% 48.4K Feb 3, 2025 Direct F1
transaction SYM Class A Common Stock Sale -$124K -4.06K -8.37% $30.70 44.4K Feb 5, 2025 Direct F2

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 SYM Restricted Stock Units Options Exercise $0 -14.3K -12.5% $0.00 99.8K Feb 3, 2025 Class A Common Stock 14.3K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Class A common stock on a one-for-one basis.
F2 This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F4 On November 3, 2023, the Reporting Person was granted 171,027 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on November 3, 2024, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.