Palladyne AI Corp. — Director's Dealing 2021

Sep 24, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: WEIBLING DENNIS M (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	707108	Direct
Common Stock	2210683	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$0.43	2027-11-08	Common Stock (11756)		Direct

Footnotes

F1: Reflects shares of common stock, of Sarcos Technology and Robotics Corporation ("Sarcos"), acquired on September 24, 2021, upon the completion of the merger (the "Business Combination") pursuant to 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 "Merger Agreement").

F2: At the effective time of the Business Combination (the "Effective Time"), each share of Sarcos Corp. common stock outstanding immediately prior to the Effective Time was converted into the right to receive approximately 5.129222424 shares of the common stock of Sarcos, subject to rounding.

F3: Represents shares of common stock of Sarcos held by the Weibling Living Trust. Mr. Weibling has sole voting and dispositive power over the shares held by the Weibling Living Trust.

F4: 1/4 of the shares subject to the option vested on November 9, 2018 and 1/48 of the shares subject to the option vest monthly thereafter.