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: FINN BRIAN D (Director, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8942957	Indirect
Common Stock	241473	Indirect
Common Stock	5672168	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants	$11.50		Common Stock (5970684)		Indirect

Footnotes

F1: Reflects shares of common stock, of Sarcos Corp. ("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 held by Rotor Sarcos LLC ("Rotor-Sarcos").

F4: 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.

F5: Represents shares held by Marstar Investments LLC ("Marstar").

F6: 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.

F7: Represents former shares of Class B common stock of Sarcos predecessor company Rotor Acquisition Corp., which converted into shares of Common Stock of Sarcos upon closing of the Business Combination.

F8: Represents shares of common stock held by Rotor Sponsor LLC ("Rotor Sponsor").

F9: Mr. Finn is the managing member of Rotor Sponsor. As such, he has sole voting and dispositive power over the shares owned by Rotor Sponsor. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.

F10: Represents warrants to purchase common stock held by Rotor Sponsor.

F11: The warrants will expire at 5:00 p.m., New York City time, on September 24, 2026 or earlier upon redemption or liquidation.