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Palladyne AI Corp. — Director's Dealing 2021
Sep 24, 2021
33127_dirs_2021-09-24_ef3c35b5-0ec6-4efe-a023-c5622ec068e3.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: 2021-09-24
Reporting Person: WEIBLING DENNIS M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-24 | Common Stock | A | 50000 | $10.00 | Acquired | 2260683 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 757108 | Direct |
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, the Weibling Living Trust acquired 50,000 shares of the issuer's common stock for $10.00 per share. Mr. Weibling has sole voting and dispositive power over the shares held by the Weibling Living Trust.