13D Filings
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Sarcos Technology & Robotics Corp
PDYN
Initial Filing
Ownership

8.10%

Total Shares

2,083,850

Issuer CIK

1826681

CUSIP

80359A205

Event Date

Feb 26, 2024

Accepted

Mar 5, 2024, 09:58 PM

SEC EDGARView Original Filing
Reporting Persons (1)
NameType% of ClassAggregateSole VotingShared Voting
KERBER WILLIAM XAVIER III
Individual
8.10%2,083,8502,083,8502,083,850
Disclosure Items (6)

Security Title

Common Stock, $0.0001 par value per share

Issuer Name

Sarcos Technology & Robotics Corp

Issuer Address

650 SOUTH 500 WEST, SALT LAKE CITY, UT, 84101

Filing Persons

William Xavier Kerber III

Business Address

3917 NE 104th ST Oklahoma City, OK. 73131

Principal Occupation

CEO Human Mode LLC 3917 NE 104th ST Oklahoma City, OK. 73131

Convictions

During the past 5 years, Mr. Kerber has not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Citizenship

United States

All of the shares of Common Stock were acquired using Mr. Kerber's personal funds. They were purchased on the exchange from brokerage account between February 26, 2024 and March 05, 2024. No loans were involved in these purchases.

Mr. Kerber purchased these shares as an individual for the purposes of investment in the Issuer's common stock. Mr. Kerber is not employed by the Issuer. Mr. Kerber does not have any present plans or proposals that would relate to or result in transactions described in clauses (a) through (j) of Item 4 of Schedule 13D. However, Mr. Kerber reserves the right to formulate in the future plans or proposals which may relate to or result in the transactions described in clauses (a) through (j) of Item 4 of Schedule 13D. Mr. Kerber may, from time to time, purchase additional securities in the open market or privately-negotiated transactions depending on his evaluation of the Issuer's business, prospects, financial condition and other opportunities available to him. Mr. Kerber may also decide to hold or dispose of all or part of his investments in securities of the Issuer and/or enter into derivative transactions with institutional counterparties with respect to the Issuer's securities, including actions that may involve one or more of the types of transactions described in clauses (a) through (j) of Item 4 of Schedule 13D.

Percentage of Class

As of the date of this Schedule, Mr. Kerber beneficially owns an aggregate of 2,083,850 shares of Common Stock, or 8.1% of the Issuer's outstanding shares of Common Stock. The beneficial ownership percentages used in this Schedule are calculated based on the 25,877,954 shares outstanding as of February 23, 2024.

Number of Shares

Mr. Kerber has sole voting and dispositive power over the 2,083,850 shares of Common Stock.

Transactions

Except as described in Items 3, 4 and 5 of this Schedule, which descriptions are incorporated herein by reference, the Reporting Persons have not effected any transactions in the Common Stock during the past 60 days.

Shareholders

Except as disclosed in Item 2, no person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any securities covered by this Schedule.

Date of 5% Ownership

Not Applicable

As of the filing date of this Schedule, Mr. Kerber is not involved in any contracts, arrangements, understandings or relationships related to any securities of the Issuer.