Symbotic Inc. — Director's Dealing 2022

Jun 10, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Symbotic Inc. (SVFC)
CIK: 0001837240
Period of Report: 2022-06-07

Reporting Person: SVF Sponsor III (DE) LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-07	Class A Common Stock, par value $0.0001 per share	M	7850000	—	Acquired	9090000	Direct
2022-06-07	Class A Common Stock, par value $0.0001 per share	M	1040000	—	Acquired	9090000	Direct
2022-06-07	Class A Common Stock, par value $0.0001 per share	M	200000	—	Acquired	9090000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-07	Class B Ordinary Shares, par value $0.0001 per share	$	M	7850000	Disposed		Class A Common Stock ()	Direct
2022-06-07	Class A Ordinary Shares, par value $0.0001 per share	$	M	1040000	Disposed		Class A Common Stock ()	Direct
2022-06-07	Class A Ordinary Shares, par value $0.0001 per share	$	M	200000	Disposed		Class A Common Stock ()	Direct

Footnotes

F1: On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis.

F2: As described in the Registration Statement, the shares of Class B ordinary shares of the Issuer, par value $0.0001 per share (the "Class B Ordinary Shares"), automatically converted into shares of Class B common stock of Symbotic Inc., par value $0.0001 per share (the "Class B Common Stock"), which shares of Class B Common Stock automatically converted into shares of Class A Common Stock at the time of the Issuer's business combination, in each case, on a one-for-one basis. Pursuant to the sponsor letter agreement dated as of December 12, 2021 by and among the Issuer, certain insiders of the Issuer, the Reporting Person and Warehouse (the "Sponsor Letter Agreement"), 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events.

F3: The Class A Ordinary Shares were received pursuant to a private placement with the Reporting Person for 1,040,000 shares at a price of $10.00 per share, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. Pursuant to the Sponsor Letter Agreement, 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events.

F4: The Class A Ordinary Shares were received upon the conversion of working capital loans into 200,000 Class A Ordinary Shares, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination.