Ford Rollin L. 4
4 · Symbotic Inc. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Ford Rollin L.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-01−4,060→ 0 total→ Class A Common Stock (4,060 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-01+4,060→ 14,507 total
Holdings
- 30,000(indirect: By Spouse)
Class A Common Stock
- 8,000(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]Restricted stock units convert into Class A common stock on a one-for-one basis.
- [F2]Rollin Ford may be considered to have an indirect pecuniary interest in 30,000 shares of Class A Common Stock held directly by the RLF 2020 Gift Trust, in which Mr. Ford's wife acts as trustee and to which Mr. Ford's immediate family have a pecuniary interest. Rollin Ford does not have voting or investment control over the shares and disclaims beneficial ownership of the shares held by the RLF 2020 Gift Trust except to the extent that Mr. Ford may be considered to have an indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares held by the RLF 2020 Gift Trust for purposes of Section 16 or for any other purpose.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]On March 1, 2024, the Reporting Person was granted 4,060 restricted stock units that 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.