4//SEC Filing
Hibbard Carol J. 4
Accession 0001837240-25-000047
CIK 0001837240other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:02 PM ET
Size
9.3 KB
Accession
0001837240-25-000047
Insider Transaction Report
Form 4
Hibbard Carol J.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-02-03−14,253→ 99,765 total→ Class A Common Stock (14,253 underlying) - Exercise/Conversion
Class A Common Stock
2025-02-03+14,253→ 48,441 total - Sale
Class A Common Stock
2025-02-05$30.70/sh−4,055$124,489→ 44,386 total
Footnotes (4)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]On November 3, 2023, the Reporting Person was granted 171,027 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on November 3, 2024, 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.
Documents
Issuer
Symbotic Inc.
CIK 0001837240
Entity typeother
Related Parties
1- filerCIK 0001851963
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:02 PM ET
- Size
- 9.3 KB