Allgood Kiva A. 4
4 · Sarcos Technology & Robotics Corp · Filed May 23, 2022
Insider Transaction Report
Form 4
Allgood Kiva A.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2022-05-20+220,049→ 630,446 total - Award
Stock Option (right to buy)
2022-05-20+347,835→ 347,835 totalExercise: $4.09Exp: 2032-05-20→ Common Stock (347,835 underlying)
Footnotes (2)
- [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]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.