---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-000138"
form_type: "8-K"
ticker: "PRCT"
cik: "0001588978"
company_name: "PROCEPT BioRobotics Corp"
filed_at: "2022-01-04T23:59:59+00:00"
generated_at: "2026-06-27T20:59:22.488021+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PROCEPT BioRobotics signs 10-year lease for 158,221 sq ft San Jose facility; appoints Mary Garrett to board

## Summary
- Lease for 158,221 rentable sq ft in San Jose, CA; term 122 months starting on or before Dec 31, 2022.
- Initial annual base rent ~$4.3M, increasing to ~$5.5M in year 10; tenant improvement allowance up to $7.9M.
- Company plans to relocate from Redwood City to San Jose by end of current lease.
- Mary Garrett appointed as Class II director, effective Dec 29, 2021; term through 2023 Annual Meeting.
- Garrett received $200K restricted stock unit award vesting over three years.

## SEC filing metadata
- accession: 0001628280-22-000138
- form_type: 8-K
- ticker: PRCT
- cik: 0001588978
- company_name: PROCEPT BioRobotics Corp
- filed_at: 2022-01-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1588978/000162828022000138/0001628280-22-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1588978/000162828022000138/prct-20211229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-000138
- JSON: https://secwatch.observer/filing/0001628280-22-000138.json
- Plain text: https://secwatch.observer/filing/0001628280-22-000138.txt

## Key facts
- Executive change
  Mary Garrett was appointed as Director at PROCEPT BioRobotics Corp.
  - Action: appointed
  - Role: Director
  source text: appointed Mary Garrett as a new Class II director of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1588978/000162828022000138/0001628280-22-000138-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.