Form 4 for SYM Symbotic Inc.
Accepted 2024-11-06 00:00:00 ET · period of report 2024-11-03 · accession 0001837240-24-000205 · 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 | 2024-11-06 | 2024-11-03 | SYM | Hibbard Carol J. | CFO | M - OptEx | — | +57.0K | 57.0K | New | — |
| DM | 2024-11-06 | 2024-11-05 | SYM | Hibbard Carol J. | CFO | S - Sale+OE | $28.97 | -22.8K | 55.7K | -29% | -$661.0K |
| D | 2024-11-06 | 2024-11-03 | SYM | Hibbard Carol J. | CFO | M - OptEx | $0.00 | -57.0K | 114.0K | -33% | $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 | 2024-11-03 | M | A | 57,009 | — | 57,009 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2024-11-05 | S | D | 21,541 | $29.00 | 34,188 | D | — | — | (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 $28.46 to $29.44, 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. |
| 3 | Common | Class A Common Stock | 2024-11-05 | S | D | 1,280 | $28.38 | 55,729 | 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 $28.14 to $28.45, 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. |
| 4 | Derivative | Restricted Stock Units | 2024-11-03 | M | D | 57,009 | $0.00 | 114,018 | D | — · — to — | 57,009 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 November 3, 2023, the Reporting Person was granted 171,027 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on November 3, 2024, 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. |