PEDERSEN JORGEN 4
4 · Sarcos Technology & Robotics Corp · Filed Mar 30, 2023
Insider Transaction Report
Form 4
PEDERSEN JORGEN
Chief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-03-29+284,352→ 284,352 totalExercise: $0.47Exp: 2033-03-29→ Common Stock (284,352 underlying) - Award
Common Stock
2023-03-29+185,304→ 7,103,628 total
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 March 29, 2024, 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 March 29, 2024, 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.