Form 4 for FRMM FORUM MARKETS Inc
Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-04 · accession 0001213900-23-074482 · 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 | 2023-09-06 | 2023-09-04 | FRMM | McGovern Jr. Donald A. | Dir | A - Grant | $0.00 | +25.2K | 55.3K | +84% | $0 |
| DM | 2023-09-06 | 2023-09-04 | FRMM | McGovern Jr. Donald A. | Dir | A - Grant | $0.00 | +59.8K | 44.8K | New | $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 | 2023-09-04 | A | A | 25,186 | $0.00 | 55,285 | D | — | — | (F1) Issued in consideration for serving on the Board of Directors, as Lead Director, Chairman of the Audit Committee, and as a Member of the Compensation Committee and of the Risk, Safety and Regulatory Committee of the Board of Directors, for the quarter ended June 30, 2023. Granted under the registrant's First Amended and Restated 2022 Omnibus Incentive Plan. Exempt pursuant to Rule 16b-3. |
| 2 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-09-04 | A | A | 15,000 | $0.00 | 15,000 | D | $0.67 · — to 2033-09-04 | 15,000 Common Stock | (F2) Granted in consideration for services rendered and to be rendered as a member of the Board of Directors. Granted under the registrant's First Amended and Restated 2022 Omnibus Incentive Plan. Exempt pursuant to Rule 16b-3. (F3) The options vest at the rate of 1/12th of such options ratably on a monthly basis over the following 12 months on the last day of each calendar month (beginning September 30, 2023), subject to the Reporting Person's continued service to the Company on such vesting dates. |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-09-04 | A | A | 44,776 | $0.00 | 44,776 | D | $0.67 · 2023-09-04 to 2033-09-04 | 44,776 Common Stock | (F4) Granted in consideration for serving as Lead Director of the Company during 2023. Granted under the registrant's First Amended and Restated 2022 Omnibus Incentive Plan. Exempt pursuant to Rule 16b-3. |