Form 4 for SYM Symbotic Inc.
Accepted 2024-07-03 00:00:00 ET · period of report 2024-07-01 · accession 0001837240-24-000146 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-07-03 | 2024-07-02 | SYM | Dunn Michael David | See Remarks | S - Sale+OE | $35.49 | -5,188 | 77.1K | -6% | -$184.1K |
| DMI | 2024-07-03 | 2024-07-01 | SYM | Dunn Michael David | See Remarks | M - OptEx | — | +13.2K | 82.0K | +19% | — |
| DM | 2024-07-03 | 2024-07-01 | SYM | Dunn Michael David | See Remarks | M - OptEx | $0.00 | -13.2K | 15.3K | -46% | $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 | 2024-07-02 | S | D | 254 | $36.16 | 76,808 | I By Dunn Family Holding LLC | — | — | (F2) The Reporting Person may be considered the beneficial owner of securities held by Dunn Family Holding LLC, of which the Reporting Person is the Chief Manager. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2024-07-02 | S | D | 4,934 | $35.46 | 77,062 | I By Dunn Family Holding LLC | — | — | (F4) 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 $35.10 to $35.845, 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 within the range set forth in this footnote. (F2) The Reporting Person may be considered the beneficial owner of securities held by Dunn Family Holding LLC, of which the Reporting Person is the Chief Manager. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 3 | Common | Class A Common Stock | 2024-07-01 | M | A | 5,498 | — | 74,330 | I By Dunn Family Holding LLC | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. (F2) The Reporting Person may be considered the beneficial owner of securities held by Dunn Family Holding LLC, of which the Reporting Person is the Chief Manager. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 4 | Common | Class A Common Stock | 2024-07-01 | M | A | 7,666 | — | 81,996 | I By Dunn Family Holding LLC | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. (F2) The Reporting Person may be considered the beneficial owner of securities held by Dunn Family Holding LLC, of which the Reporting Person is the Chief Manager. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 5 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 5,498 | $0.00 | 32,990 | D | — · — to — | 5,498 Class A Common Stock | (F5) 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 87,970 restricted stock units that 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. |
| 6 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 7,666 | $0.00 | 15,338 | D | — · — to — | 7,666 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F7) On August 17, 2022, the reporting person was granted 92,000 restricted stock units that 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. |