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Palladyne AI Corp. — Director's Dealing 2021
Dec 15, 2021
33127_dirs_2021-12-14_ecc4beeb-8cdf-45e7-a47c-e0e24ddd09e4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sarcos Technology & Robotics Corp (STRC)
CIK: 0001826681
Period of Report: 2021-12-13
Reporting Person: Allgood Kiva A. (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-13 | Common Stock | A | 410397 | $0.00 | Acquired | 410397 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-13 | Stock Option (right to buy) | $7.31 | A | 0 | Acquired | 2031-12-12 | Common Stock (680272) | Direct |
Footnotes
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 December 13, 2022, and thereafter 1/12 of the remaining portion of the award will vest every three months on the same day of the month, 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 December 13, 2022, and thereafter 1/12 of the shares subject to the Option shall vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.