Form 4 for FTCI FTC Solar, Inc.
Accepted 2023-09-12 00:00:00 ET · period of report 2023-09-08 · accession 0001209191-23-049132 · 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 | 2023-09-12 | 2023-09-08 | FTCI | Cook Patrick | Chief Commercial Off | S - Sale+OE | $1.63 | -100.0K | 694.1K | -13% | -$163.0K |
| D | 2023-09-12 | 2023-09-08 | FTCI | Cook Patrick | Chief Commercial Off | M - OptEx | $0.48 | +350.0K | 794.1K | +79% | +$168.0K |
| D | 2023-09-12 | 2023-09-08 | FTCI | Cook Patrick | Chief Commercial Off | M - OptEx | $0.00 | -350.0K | 203.7K | -63% | $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 | 2023-09-08 | S | D | 100,000 | $1.63 | 694,116 | D | — | — | (F3) Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $1.60 to $1.69. 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. (F2) Reflects a sale in order to satisfy certain tax obligations of the Reporting Person and to pay in part the option exercise price, in each case, that became due upon the exercise of employee stock options. |
| 2 | Common | Common Stock | 2023-09-08 | M | A | 350,000 | $0.48 | 794,116 | D | — | — | (F1) The common stock reported on this line was issued as a result of the exercise of employee stock options. |
| 3 | Derivative | Employee Stock Options (right to buy) | 2023-09-08 | M | D | 350,000 | $0.00 | 203,742 | D | $0.48 · — to 2029-07-25 | 350,000 Common Stock | (F6) The options were fully vested as of July 29, 2023. |