Loparco Michael J 4/A
4/A · Symbotic Inc. · Filed Aug 24, 2022
Insider Transaction Report
Form 4/AAmended
Loparco Michael J
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2022-08-17+289,226→ 289,226 total→ Class A Common Stock (289,226 underlying)
Footnotes (3)
- [F1]On August 19, 2022, the Reporting Person filed a Form 4 which inadvertently reported the title of the derivative security in Column 1 of Table II as Class A Common Stock and the title of the underlying security in Column 7 of Table II as Restricted Stock Units. In fact, as reported in this amendment, the title of the derivative security in Column 1 of Table II is Restricted Stock Units and the title of the underlying securities in Column 7 of Table II is Class A Common Stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F3]The restricted stock units vest as follows: 1/3 of the restricted stock units vest on August 17, 2023, 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.