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Symbotic Inc. Director's Dealing 2024

Jul 25, 2024

30185_dirs_2024-07-25_34cd4bc4-0605-4f4c-8530-22cec08572a6.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: 2024-07-23

Reporting Person: Dunn Michael David (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-07-23 Class A Common Stock M 4413 Acquired 79221 Indirect
2024-07-24 Class A Common Stock S 1895 $36.56 Disposed 77326 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-07-23 Restricted Stock Units $ M 4413 Disposed Class A Common Stock (4413) Direct

Footnotes

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

F2: This transaction represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales were mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction, and do not represent discretionary trades by the Reporting Person.

F3: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

F4: On January 23, 2023, the Reporting Person was granted 52,952 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on January 23, 2024, 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.