Form 4 for FORM FORMFACTOR INC
Accepted 2021-07-21 00:00:00 ET · period of report 2021-07-19 · accession 0001039399-21-000060 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-21 | 2021-07-19 | FORM | SLESSOR MIKE | CEO, Dir | F - Tax | $33.96 | -71.3K | 402.8K | -15% | -$2.42M |
| D | 2021-07-21 | 2021-07-19 | FORM | SLESSOR MIKE | CEO, Dir | M - OptEx | $0.00 | +132.0K | 474.0K | +39% | $0 |
| D | 2021-07-21 | 2021-07-19 | FORM | SLESSOR MIKE | CEO, Dir | A - Grant | $0.00 | +132.0K | 132.0K | New | $0 |
| D | 2021-07-21 | 2021-07-19 | FORM | SLESSOR MIKE | CEO, Dir | M - OptEx | $0.00 | -132.0K | 0 | -100% | $0 |
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 | 2021-07-19 | F | D | 71,256 | $33.96 | 402,769 | D | — | — | |
| 2 | Common | Common Stock | 2021-07-19 | M | A | 132,004 | $0.00 | 474,025 | D | — | — | (F2) The Performance-Based Restricted Stock Units released were settled in shares of common stock and were immediately cancelled upon settlement. (F1) The Performance-based RSU's will become vested as to 100% of the total number of PRSUs earned based on the results of the performance goal July 1, 2018 - June 30, 2021 on the date the performance conditions are determined to be satisfied. |
| 3 | Derivative | Performance Shares | 2021-07-19 | A | A | 132,004 | $0.00 | 132,004 | D | $0.00 · — to — | 132,004 Common Stock | (F1) The Performance-based RSU's will become vested as to 100% of the total number of PRSUs earned based on the results of the performance goal July 1, 2018 - June 30, 2021 on the date the performance conditions are determined to be satisfied. (F3) If the reporting person's employment is terminated for any reason before an applicable vesting date, all Performance-Based Restricted Stock Units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding award vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC. |
| 4 | Derivative | Performance Shares | 2021-07-19 | M | D | 132,004 | $0.00 | 0 | D | $0.00 · — to — | 132,004 Common Stock | (F1) The Performance-based RSU's will become vested as to 100% of the total number of PRSUs earned based on the results of the performance goal July 1, 2018 - June 30, 2021 on the date the performance conditions are determined to be satisfied. (F3) If the reporting person's employment is terminated for any reason before an applicable vesting date, all Performance-Based Restricted Stock Units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding award vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC. |