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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.