Form 4 for AUR Aurora Innovation, Inc.
Accepted 2021-11-05 00:00:00 ET · period of report 2021-11-03 · accession 0000899243-21-043391 · 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 | Thompson Michael N. Jr. | FORMER Off. AND Dir | A - Grant | $10.00 | +430.0K | 430.0K | New | +$4.30M |
| DI | 2021-11-05 | 2021-11-03 | AUR | Thompson Michael N. Jr. | FORMER Off. AND Dir | A - Grant | — | +1.17M | 1.17M | New | — |
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 | A | A | 430,000 | $10.00 | 430,000 | D | — | — | |
| 2 | Derivative | Class B Common Stock | 2021-11-03 | A | A | 1,174,642 | — | 1,174,642 | I See Footnote | — · — to — | 1,174,642 Class A Common Stock | (F3) Upon the consummation of, and pursuant to, the Business Combination, shares of Class B Stock of Aurora held by Reinvent Capital Fund LP ("Reinvent Capital Fund") were cancelled and converted into 1,174,642 shares of the Issuer's Class B common stock at a deemed value of $10.00 per share. (F4) Reflects securities held directly by Reinvent Capital Fund. The reporting person may be deemed a beneficial owner of securities held by Reinvent Capital Fund by virtue of his shared control over and indirect pecuniary interest in Reinvent Capital Fund. The reporting person disclaims beneficial ownership of the securities held by Reinvent Capital Fund, except to the extent of his pecuniary interest therein. (F2) Each share of Issuer Class B common stock is convertible at any time by the holder into one share of Issuer Class A common stock. Pursuant to the terms of the Issuer's charter (the "Charter"), each share of Issuer Class B common stock (i) is convertible at any time by the holder into one share of Issuer Class A common stock and (ii) automatically converts into one share of Issuer Class A common stock upon transfer to a recipient that is not a permitted transferee, upon the death of the holder, or as otherwise set forth in the Charter. |