Form 4 for SYM Symbotic Inc.
Accepted 2022-08-19 00:00:00 ET · period of report 2022-08-17 · accession 0001837240-22-000029 · 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 | 2022-08-19 | 2022-08-17 | SYM | Dunn Michael David | See Remarks | M - OptEx | — | +276.4K | 276.4K | New | — |
| D | 2022-08-19 | 2022-08-19 | SYM | Dunn Michael David | See Remarks | S - Sale+OE | $14.49 | -42.0K | 234.4K | -15% | -$608.6K |
| DM | 2022-08-19 | 2022-08-17 | SYM | Dunn Michael David | See Remarks | A - Grant | $0.00 | +991.2K | 396.6K | New | $0 |
| D | 2022-08-19 | 2022-08-17 | SYM | Dunn Michael David | See Remarks | M - OptEx | $0.00 | -276.4K | 138.2K | -67% | $0 |
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 | 2022-08-17 | M | A | 276,400 | — | 276,400 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2022-08-19 | S | D | 42,000 | $14.49 | 234,400 | D | — | — | (F3) In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $13.11 to $15.88, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price withing the range set forth in this footnote. |
| 3 | Derivative | Restricted Stock Units | 2022-08-17 | A | A | 414,599 | $0.00 | 414,599 | D | — · — to — | 414,599 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F5) The restricted stock units vest as follows: 2/3 of the restricted stock units vest on the date of grant and the remaining 1/3 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. |
| 4 | Derivative | Restricted Stock Units | 2022-08-17 | M | D | 276,400 | $0.00 | 138,199 | D | — · — to — | 276,400 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) On August 17, 2022, the Reporting Person was granted an award of 414,599 restricted stock units, 2/3 of the restricted stock units vest on the date of grant and the remaining 1/3 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. |
| 5 | Derivative | Restricted Stock Units | 2022-08-17 | A | A | 92,000 | $0.00 | 92,000 | D | — · — to — | 92,000 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F8) The restricted stock units 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. |
| 6 | Derivative | Restricted Stock Units | 2022-08-17 | A | A | 87,970 | $0.00 | 87,970 | D | — · — to — | 87,970 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F9) The restricted stock units 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. |
| 7 | Derivative | Restricted Stock Units | 2022-08-17 | A | A | 396,625 | $0.00 | 396,625 | D | — · — to — | 396,625 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F7) The restricted stock units 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. |