Form 4 for AUR Aurora Innovation, Inc.

Accepted 2021-11-05 00:00:00 ET · period of report 2021-11-03 · accession 0000899243-21-043383 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-11-05	2021-11-03	AUR	Reinvent Sponsor Y LLC	FORMER 10% OWNER	C - Cnv Deriv	—	+6.88M	6.88M	New	—
D	2021-11-05	2021-11-03	AUR	Reinvent Sponsor Y LLC	FORMER 10% OWNER	C - Cnv Deriv	—	-6.88M	0	-100%	—
DM	2021-11-05	2021-11-03	AUR	Reinvent Sponsor Y LLC	FORMER 10% OWNER	J - Other	$2.50	-8.53M	8.90M	-49%	-$21.34M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2021-11-03	C	A	6,883,086	—	6,883,086	D	—	—	(F2) 75% of such shares are subject to vesting in tranches of 1/3 if the volume weighted average price of the Issuer's shares of Class A common stock equals or exceeds $15.00, $17.50 or $20.00, respectively, for any 20 trading days within a 30 trading day period on or prior to November 3, 2031. On November 3, 2031, any unvested shares will be automatically forfeited. In the event the Issuer completes a transaction that results in a change of control, all unvested shares will vest immediately prior to the closing of such transaction. (F1) On November 3, 2021, Reinvent Technology Partners Y (the former name of the Issuer) ("RTPY") consummated an initial business combination (the "Business Combination") with Aurora Innovation Holdings, Inc. (formerly known as Aurora Innovation, Inc.). Pursuant to the Business Combination, RTPY domesticated as a Delaware corporation and changed its name to "Aurora Innovation, Inc.", and each RTPY Class B ordinary share that was issued and outstanding as of immediately prior to the domestication was automatically converted into one share of the Issuer's Class A common stock upon the domestication. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.
2	Derivative	Class B Ordinary Shares	2021-11-03	C	D	6,883,086	—	0	D	— · — to —	6,883,086 Class A Common Stock	(F1) On November 3, 2021, Reinvent Technology Partners Y (the former name of the Issuer) ("RTPY") consummated an initial business combination (the "Business Combination") with Aurora Innovation Holdings, Inc. (formerly known as Aurora Innovation, Inc.). Pursuant to the Business Combination, RTPY domesticated as a Delaware corporation and changed its name to "Aurora Innovation, Inc.", and each RTPY Class B ordinary share that was issued and outstanding as of immediately prior to the domestication was automatically converted into one share of the Issuer's Class A common stock upon the domestication. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.
3	Derivative	Class B Ordinary Shares	2021-11-03	J	D	17,434,414	—	6,883,086	D	— · — to —	17,434,414 Class A Common Stock	(F3) On November 3, 2021, pursuant to the terms of the Sponsor Agreement, dated as of July 14, 2021, by and among RTPY, Aurora and the reporting person, the reporting person forfeited 17,434,414 RTPY Class B ordinary shares as of immediately prior to the Domestication for no consideration.
4	Derivative	Private Placement Warrants	2021-11-03	J	A	8,900,000	$2.50	8,900,000	D	$11.50 · — to —	8,900,000 Class A Common Stock	(F4) Represents Private Placement Warrants acquired from the Issuer in connection with the Issuer's initial public offering. Each warrant is exercisable for one share of the Issuer's Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants may be exercised commencing on December 3, 2021 and expire on November 3, 2026 or earlier upon redemption or liquidation.