Kiva A. Allgood - Dec 13, 2021 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role: President & CEO, Director
Signature: /s/ Julie Wolff, attorney-in-fact on behalf of Kiva A. Allgood
Stock symbol: STRC
Transactions as of: Dec 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/14/2021, 08:53 PM
Previous filing: Nov 30, 2021
Next filing: Feb 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRC	Common Stock	Award	$0	+410K		$0.00	410K	Dec 13, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	STRC	Stock Option (right to buy)	Award	$0	0	0%	$0.00^*	680K	Dec 13, 2021	Common Stock	680K	$7.31	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on December 13, 2022, and thereafter 1/12 of the remaining portion of the award will vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.
F2	25% of the shares subject to the Option will vest on December 13, 2022, and thereafter 1/12 of the shares subject to the Option shall vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.

Content

Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on December 13, 2022, and thereafter 1/12 of the remaining portion of the award will vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.

25% of the shares subject to the Option will vest on December 13, 2022, and thereafter 1/12 of the shares subject to the Option shall vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.