Form 4/A for FTRE Fortrea Holdings Inc.
Accepted 2023-08-03 00:00:00 ET · period of report 2023-07-01 · accession 0001127602-23-021977 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2023-08-03 | 2023-07-01 | FTRE | Warren Amanda M. | CAO | M - OptEx | — | +570 | 570 | New | — |
| DA | 2023-08-03 | 2023-07-03 | FTRE | Warren Amanda M. | CAO | F - Tax | $36.84 | -167 | 403 | -29% | -$6,152 |
| DA | 2023-08-03 | 2023-07-01 | FTRE | Warren Amanda M. | CAO | M - OptEx | $0.00 | -570 | 18.3K | -3% | $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| Common Stock | 2023-07-01 | M | A | 570 | — | 570 | D | — | — | (F1) This Form 4 is amended to reflect a filing originally made on July 5, 2023, which filing was previously amended on July 19, 2023 to reflect amendments to other transactions. The amendments in this filing reflect the amount of Restricted Stock Units ("RSUs") that were settled into shares of common stock and the number of shares of common stock forfeited by the Reporting Person, in each case after taking into account the final adjustment ratio calculated pursuant to the terms of the Employee Matters Agreement (the "EMA") by and between Laboratory Corporation of America Holdings ("Labcorp") and Fortrea Holdings Inc. ("Fortrea") and applicable tax withholding calculations. (F2) Each RSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date. |
| 2 | Common | Common Stock | 2023-07-03 | F | D | 167 | $36.84 | 403 | D | — | — | (F3) Shares withheld by Fortrea to satisfy tax withholding requirements on vesting of RSUs. |
| 3 | Derivative | Restricted Stock Unit | 2023-07-01 | M | D | 570 | $0.00 | 18,265 | D | — · — to — | 570 Common Stock | (F5) This number reflects the aggregate number of RSUs held by the reporting person. (F2) Each RSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date. (F4) In connection with the Spin-Off, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The RSUs vested in full on July 1, 2023. |