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Symbotic Inc. Director's Dealing 2023

Jan 4, 2023

30185_dirs_2023-01-04_b1ffe65f-dc43-445c-a742-f50cbe29dc45.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Symbotic Inc. (SYM)
CIK: 0001837240
Period of Report: 2023-01-01

Reporting Person: Dunn Michael David (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-01 Class A Common Stock M 99156 Acquired 244095 Direct
2023-01-01 Class A Common Stock F 39699 $11.94 Disposed 204396 Direct
2023-01-01 Class A Common Stock M 15333 Acquired 219729 Direct
2023-01-01 Class A Common Stock F 6034 $11.94 Disposed 213695 Direct
2023-01-01 Class A Common Stock M 10996 Acquired 224691 Direct
2023-01-01 Class A Common Stock F 4327 $11.94 Disposed 220364 Direct
2023-01-03 Class A Common Stock M 99156 Acquired 319520 Direct
2023-01-03 Class A Common Stock F 39018 $12.04 Disposed 280502 Direct
2023-01-03 Class A Common Stock M 15333 Acquired 295835 Direct
2023-01-03 Class A Common Stock F 6034 $12.04 Disposed 289801 Direct
2023-01-03 Class A Common Stock M 10996 Acquired 300797 Direct
2023-01-03 Class A Common Stock F 4327 $12.04 Disposed 296470 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-01 Restricted Stock Units $ M 99156 Disposed Class A Common Stock (99156.0) Direct
2023-01-01 Restricted Stock Units $ M 15333 Disposed Class A Common Stock (15333.0) Direct
2023-01-01 Restricted Stock Units $ M 10996 Disposed Class A Common Stock (10996.0) Direct
2023-01-03 Restricted Stock Units $ M 99156 Disposed Class A Common Stock (99156.0) Direct
2023-01-03 Restricted Stock Units $ M 15333 Disposed Class A Common Stock (15333.0) Direct
2023-01-03 Restricted Stock Units $ M 10996 Disposed Class A Common Stock (10996.0) Direct

Footnotes

F1: Restricted stock units convert into Class A common stock on a one-for-one basis.

F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

F3: On August 17, 2022, the reporting person was granted 396,625 restricted stock units that vest as follows: 1/2 of the restricted stock units vest on January 1, 2023, and the remaining 1/2 of the restricted stock units vest on January 1, 2024, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2023 were released in two tranches: 99,156 released on January 1, 2023 and 99,156 released on January 3, 2023.

F4: On August 17, 2022, the reporting person was granted 92,000 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 1, 2023, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2023 were released in two tranches: 15,333 released on January 1, 2023 and 15,333 released on January 3, 2023.

F5: On August 17, 2022, the reporting person was granted 87,970 restricted stock units that vest as follows: 1/4 of the restricted stock units vest on January 1, 2023, and 1/16 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2023 were released in two tranches: 10,996 released on January 1, 2023 and 10,996 released on January 3, 2023.