4//SEC Filing
Ernst Thomas C JR 4
Accession 0001837240-23-000218
CIK 0001837240other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 5:28 PM ET
Size
8.3 KB
Accession
0001837240-23-000218
Insider Transaction Report
Form 4
Ernst Thomas C JR
Chief Financial Officer
Transactions
- Gift
Class V-1 Common Stock
2023-12-13−1,000→ 872,279 total - Gift
Symbotic Holdings Units
2023-12-13−1,000→ 872,279 total→ Class A Common Stock (1,000 underlying)
Footnotes (3)
- [F1]Shares of Class V-1 Common Stock of the Issuer have no economic rights and each share of Class V-1 Common Stock entitles its holder to 1 vote per share.
- [F2]The term "Symbotic Holdings Units" is used herein to represent limited liability company units of Symbotic Holdings LLC ("Symbotic Holdings") and an equal number of paired shares of Class V-1 Common Stock of the Issuer, which, pursuant to the limited liability company agreement of Symbotic Holdings, are redeemable by the holder on a one-for-one basis for a share of Class A Common Stock of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions, and in accordance with other terms and conditions set forth in Symbotic Holdings' Second Amended and Restated Limited Liability Company Agreement, dated as of June 7, 2022. Upon redemption, the Issuer will cancel the Symbotic Holdings Units and cancel and retire for no consideration the redeemed shares of Class V-1 Common Stock.
- [F3]Represents a bona fide gift to a charitable donor-advised fund. Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.
Documents
Issuer
Symbotic Inc.
CIK 0001837240
Entity typeother
Related Parties
1- filerCIK 0001763879
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 5:28 PM ET
- Size
- 8.3 KB