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Symbotic Inc. Director's Dealing 2023

Aug 2, 2023

30185_dirs_2023-08-02_176629d2-1818-4455-acea-0a6cd4a3514d.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Symbotic Inc. (SYM)
CIK: 0001837240
Period of Report: 2023-07-23

Reporting Person: SVF II Strategic Investments AIV LLC (10% Owner)
Reporting Person: Sunlight Investment Corp. (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 17825312 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock Warrants (right to buy) $41.9719 Class A Common Stock (11434360) Indirect

Footnotes

F1: SoftBank Group Corp. is the parent company of SVF II Strategic Investments AIV LLC, which is the sole stockholder of Sunlight Investment Corp. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein. Each reporting owner disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such securities.

F2: Exercise of the warrants is subject to certain conditions set forth in the warrant, including the satisfaction of certain funding obligations pursuant to that certain Master Services, License and Equipment Agreement, dated as of July 23, 2023, by and between GreenBox Systems LLC and Symbotic LLC (the "MSLEA").

F3: The warrants expire on the later of (i) expiration of the term of the MSLEA and (ii) the date that is the 36-month anniversary of the date on which the warrant vested with respect to the applicable shares. The term of the MSLEA expires on July 23, 2027 unless earlier terminated pursuant to the terms of the MSLEA; provided that the term may be extended by GreenBox Systems LLC until July 23, 2029, subject to certain conditions.