4//SEC Filing
Ford Rollin L. 4
Accession 0001837240-24-000065
CIK 0001837240other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:28 AM ET
Size
11.8 KB
Accession
0001837240-24-000065
Insider Transaction Report
Form 4
Ford Rollin L.
Director
Transactions
- Award
Restricted Stock Units
2024-03-01+4,060→ 4,060 total→ Class A Common Stock (4,060 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−10,447→ 0 total→ Class A Common Stock (10,447 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-01+10,447→ 10,447 total
Holdings
- 30,000(indirect: By Spouse)
Class A Common Stock
- 8,000(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]Rollin Ford may be considered to have an indirect pecuniary interest in 30,000 shares of Class A Common Stock held directly by the RLF 2020 Gift Trust, in which Mr. Ford's wife acts as trustee and to which Mr. Ford's immediate family have a pecuniary interest. Rollin Ford does not have voting or investment control over the shares and disclaims beneficial ownership of the shares held by the RLF 2020 Gift Trust except to the extent that Mr. Ford may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares held by the RLF 2020 Gift Trust for purposes of Section 16 or for any other purpose.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]On March 1, 2023, the Reporting Person was granted 10,447 restricted stock units that vest in full upon the earliest of: (1) March 1, 2024, (2) the Issuer's 2024 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
- [F5]The restricted stock units vest in full upon the earliest of: (1) March 1, 2025, (2) the Issuer's 2025 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
Documents
Issuer
Symbotic Inc.
CIK 0001837240
Entity typeother
Related Parties
1- filerCIK 0001429247
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:28 AM ET
- Size
- 11.8 KB