Form 4 for FTCI FTC Solar, Inc.
Accepted 2022-10-19 00:00:00 ET · period of report 2022-10-17 · accession 0000899243-22-033830 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-10-19 | 2022-10-17+ | FTCI | Springer David | Dir, 10% | S - Sale | $2.35 | -124.6K | 6.16M | -2% | -$292.8K |
| MI | 2022-10-19 | 2022-10-17+ | FTCI | Springer David | Dir, 10% | S - Sale | $2.35 | -13.8K | 336.2K | -4% | -$32.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-10-17 | S | D | 62,306 | $2.39 | 6,226,194 | D By Trust | — | — | (F2) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.57. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F3) These shares are owned directly by the ZS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the ZS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 2 | Common | Common Stock | 2022-10-17 | S | D | 2,308 | $2.39 | 338,460 | I By Trust | — | — | (F2) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.57. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F4) These shares are owned directly by the NS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the NS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 3 | Common | Common Stock | 2022-10-17 | S | D | 2,307 | $2.39 | 338,461 | I By Trust | — | — | (F2) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.57. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F5) These shares are owned directly by the AS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the AS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 4 | Common | Common Stock | 2022-10-17 | S | D | 2,307 | $2.39 | 338,461 | I By Trust | — | — | (F2) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.57. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F3) These shares are owned directly by the ZS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the ZS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 5 | Common | Common Stock | 2022-10-18 | S | D | 62,306 | $2.31 | 6,163,888 | D By Trust | — | — | (F6) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.46. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F4) These shares are owned directly by the NS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the NS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 6 | Common | Common Stock | 2022-10-18 | S | D | 2,307 | $2.31 | 336,153 | I By Trust | — | — | (F6) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.46. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. (F5) These shares are owned directly by the AS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the AS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose. |
| 7 | Common | Common Stock | 2022-10-18 | S | D | 2,307 | $2.31 | 336,154 | I | — | — | (F6) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.46. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. |
| 8 | Common | Common Stock | 2022-10-18 | S | D | 2,308 | $2.31 | 336,153 | I | — | — | (F6) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.46. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. (F1) Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares. |