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3//SEC Filing

SVF II Strategic Investments AIV LLC 3

Accession 0001062993-23-015675

CIK 0001837240other

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 4:10 PM ET

Size

8.5 KB

Accession

0001062993-23-015675

Insider Transaction Report

Form 3
Period: 2023-07-23
Holdings
  • Common Stock Warrants (right to buy)

    (indirect: By Sunlight Investment Corp.)
    Exercise: $41.97Class A Common Stock (11,434,360 underlying)
  • Class A Common Stock

    (indirect: By LLC)
    17,825,312
Holdings
  • Common Stock Warrants (right to buy)

    (indirect: By Sunlight Investment Corp.)
    Exercise: $41.97Class A Common Stock (11,434,360 underlying)
  • Class A Common Stock

    (indirect: By LLC)
    17,825,312
Footnotes (3)
  • [F1]SoftBank Group Corp. is the parent company of SVF II Strategic Investments AIV LLC, which is the sole stockholder of Sunlight Investment Corp. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein. Each reporting owner disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such securities.
  • [F2]Exercise of the warrants is subject to certain conditions set forth in the warrant, including the satisfaction of certain funding obligations pursuant to that certain Master Services, License and Equipment Agreement, dated as of July 23, 2023, by and between GreenBox Systems LLC and Symbotic LLC (the "MSLEA").
  • [F3]The warrants expire on the later of (i) expiration of the term of the MSLEA and (ii) the date that is the 36-month anniversary of the date on which the warrant vested with respect to the applicable shares. The term of the MSLEA expires on July 23, 2027 unless earlier terminated pursuant to the terms of the MSLEA; provided that the term may be extended by GreenBox Systems LLC until July 23, 2029, subject to certain conditions.

Issuer

Symbotic Inc.

CIK 0001837240

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001986690

Filing Metadata

Form type
3
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:10 PM ET
Size
8.5 KB