Rus Daniela L 4
4 · Symbotic Inc. · Filed Mar 6, 2024
Insider Transaction Report
Form 4
Rus Daniela L
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-01+6,964→ 17,411 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−6,964→ 13,931 total→ Class A Common Stock (6,964 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−10,447→ 0 total→ Class A Common Stock (10,447 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-01+10,447→ 10,447 total - Award
Restricted Stock Units
2024-03-01+4,060→ 4,060 total→ Class A Common Stock (4,060 underlying)
Footnotes (5)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F3]On March 1, 2023, the Reporting Person was granted 10,447 restricted stock units that vest in full upon the earliest of: (1) March 1, 2024, (2) the Issuer's 2024 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.
- [F4]On March 1, 2023, the Reporting Person was granted 20,895 restricted stock units that vest as follows: 1/3 of the restricted stock units vest on each of March 1, 2024, March 1, 2025 and March 1, 2026, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates.
- [F5]The restricted stock units vest in full upon the earliest of: (1) March 1, 2025, (2) the Issuer's 2025 Annual Meeting of Stockholders or (3) a change of control of the Issuer, subject to the Reporting Person's continued service with the Issuer on the vesting date.