Form 4 for FORM FORMFACTOR INC
Accepted 2022-07-21 00:00:00 ET · period of report 2022-07-19 · accession 0001039399-22-000068 · 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 | 2022-07-21 | 2022-07-19 | FORM | SLESSOR MIKE | CEO, Dir | F - Tax | $38.87 | -67.6K | 472.2K | -13% | -$2.63M |
| D | 2022-07-21 | 2022-07-19 | FORM | SLESSOR MIKE | CEO, Dir | M - OptEx | $0.00 | +136.4K | 539.8K | +34% | $0 |
| D | 2022-07-21 | 2022-07-19 | FORM | SLESSOR MIKE | CEO, Dir | A - Grant | $0.00 | +136.4K | 136.4K | New | $0 |
| D | 2022-07-21 | 2022-07-19 | FORM | SLESSOR MIKE | CEO, Dir | M - OptEx | $0.00 | -136.4K | 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 | 2022-07-19 | F | D | 67,629 | $38.87 | 472,210 | D | — | — | (F3) Represents the number of shares withheld upon vesting of performance restricted stock units to cover tax withholding obligations. |
| 2 | Common | Common Stock | 2022-07-19 | M | A | 136,403 | $0.00 | 539,839 | D | — | — | (F1) The Performance-based RSUs will become vested as to 100% of the total number of PRSUs earned based on results of the performance goal July 1, 2019 - June 30, 2022 on the date the Performance conditions are determined to be satisfied. (F2) The Performance-Based restricted stock units released were settled in shares of common stock and were immediately cancelled upon settlement. |
| 3 | Derivative | Performance Shares | 2022-07-19 | A | A | 136,403 | $0.00 | 136,403 | D | $0.00 · — to — | 136,403 Common Stock | (F1) The Performance-based RSUs will become vested as to 100% of the total number of PRSUs earned based on results of the performance goal July 1, 2019 - June 30, 2022 on the date the Performance conditions are determined to be satisfied. (F4) 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 equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC. |
| 4 | Derivative | Performance Shares | 2022-07-19 | M | D | 136,403 | $0.00 | 0 | D | $0.00 · — to — | 136,403 Common Stock | (F1) The Performance-based RSUs will become vested as to 100% of the total number of PRSUs earned based on results of the performance goal July 1, 2019 - June 30, 2022 on the date the Performance conditions are determined to be satisfied. (F4) 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 equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC. |