Palladyne AI Corp. — Director's Dealing 2021

Sep 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sarcos Technology & Robotics Corp (STRC)
CIK: 0001826681
Period of Report: 2021-09-24

Reporting Person: FINN BRIAN D (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-24	Common Stock	A	130000	$10.00	Acquired	371473	Indirect
2021-09-24	Common Stock	A	12500	$10.00	Acquired	12500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8942957	Indirect

Footnotes

F1: On April 5, 2021, the issuer entered into subscription agreements with certain investors (the "PIPE Investors") pursuant to which the PIPE Investors agreed to purchase shares of the issuer's common stock for $10.00 per share in connection with, and conditioned upon, the substantially concurrent consummation of certain transactions, including the Agreement and Plan of Merger, dated as of April 5, 2021, as amended on August 28, 2021, by and among Sarcos Corp., Rotor Merger Sub Corp. and Rotor Acquisition Corp. (the "Business Combination"). As one of the PIPE Investors, on September 24, 2021, Marstar Investments LLC ("Marstar") acquired 130,000 shares of the issuer's common stock for $10.00 per share. Mr. Finn is the administrator of Marstar and has sole voting and dispositive power over the shares that will be directly held by Marstar. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.

F2: On April 5, 2021, the issuer entered into subscription agreements with certain PIPE Investors pursuant to which the PIPE Investors agreed to purchase shares of the issuer's common stock for $10.00 per share in connection with, and conditioned upon, the substantially concurrent consummation of certain transactions, including the Business Combination. As one of the PIPE Investors, on September 24, 2021, Gee Jay LLC ("Gee Jay") acquired 12,500 shares of the issuer's common stock for $10.00 per share. Mr. Finn is the trustee of the Gee Jay. Mr. Finn disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: Represents shares held by Rotor-Sarcos LLC ("Rotor-Sarcos"). Mr. Finn has shared control of Rotor-Sarcos. As such, has shared voting and dispositive power over the shares owned by Rotor-Sarcos. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.