Form 4 for SYM Symbotic Inc.
Accepted 2022-06-09 00:00:00 ET · period of report 2022-06-07 · accession 0000899243-22-021774 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-06-09 | 2022-06-07 | SYM | SVF Sponsor III (DE) LLC | 10% | M - OptEx | — | +9.09M | 9.09M | New | — |
| DM | 2022-06-09 | 2022-06-07 | SYM | SVF Sponsor III (DE) LLC | 10% | M - OptEx | — | -9.09M | 0 | -100% | — |
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, par value $0.0001 per share | 2022-06-07 | M | A | 200,000 | — | 9,090,000 | D | — | — | (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. (F4) The Class A Ordinary Shares were received upon the conversion of working capital loans into 200,000 Class A Ordinary Shares, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. |
| 2 | Common | Class A Common Stock, par value $0.0001 per share | 2022-06-07 | M | A | 1,040,000 | — | 9,090,000 | D | — | — | (F3) The Class A Ordinary Shares were received pursuant to a private placement with the Reporting Person for 1,040,000 shares at a price of $10.00 per share, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. Pursuant to the Sponsor Letter Agreement, 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events. (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. |
| 3 | Common | Class A Common Stock, par value $0.0001 per share | 2022-06-07 | M | A | 7,850,000 | — | 9,090,000 | D | — | — | (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. (F2) As described in the Registration Statement, the shares of Class B ordinary shares of the Issuer, par value $0.0001 per share (the "Class B Ordinary Shares"), automatically converted into shares of Class B common stock of Symbotic Inc., par value $0.0001 per share (the "Class B Common Stock"), which shares of Class B Common Stock automatically converted into shares of Class A Common Stock at the time of the Issuer's business combination, in each case, on a one-for-one basis. Pursuant to the sponsor letter agreement dated as of December 12, 2021 by and among the Issuer, certain insiders of the Issuer, the Reporting Person and Warehouse (the "Sponsor Letter Agreement"), 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events. |
| 4 | Derivative | Class A Ordinary Shares, par value $0.0001 per share | 2022-06-07 | M | D | 200,000 | — | 0 | D | — · — to — | — Class A Common Stock | (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. (F4) The Class A Ordinary Shares were received upon the conversion of working capital loans into 200,000 Class A Ordinary Shares, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. |
| 5 | Derivative | Class B Ordinary Shares, par value $0.0001 per share | 2022-06-07 | M | D | 7,850,000 | — | 0 | D | — · — to — | — Class A Common Stock | (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. (F2) As described in the Registration Statement, the shares of Class B ordinary shares of the Issuer, par value $0.0001 per share (the "Class B Ordinary Shares"), automatically converted into shares of Class B common stock of Symbotic Inc., par value $0.0001 per share (the "Class B Common Stock"), which shares of Class B Common Stock automatically converted into shares of Class A Common Stock at the time of the Issuer's business combination, in each case, on a one-for-one basis. Pursuant to the sponsor letter agreement dated as of December 12, 2021 by and among the Issuer, certain insiders of the Issuer, the Reporting Person and Warehouse (the "Sponsor Letter Agreement"), 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events. |
| 6 | Derivative | Class A Ordinary Shares, par value $0.0001 per share | 2022-06-07 | M | D | 1,040,000 | — | 0 | D | — · — to — | — Class A Common Stock | (F3) The Class A Ordinary Shares were received pursuant to a private placement with the Reporting Person for 1,040,000 shares at a price of $10.00 per share, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. Pursuant to the Sponsor Letter Agreement, 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events. (F1) On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis. |