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Filing Details

Accession Number:: 0001039399-21-000023
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-12 21:43:04
Reporting Period:: 2021-05-11

Accepted Time:: 2021-05-12 21:43:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1039399	Formfactor Inc	FORM	Semiconductors & Related Devices (3674)	133711155

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1590177	Mike Slessor	7005 Southfront Road Livermore CA 94551	Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-05-11	25,000	$8.44	372,521	No	4	M	Direct
Common Stock	Disposition	2021-05-11	5,436	$35.39	367,085	No	4	S	Direct
Common Stock	Disposition	2021-05-11	19,564	$35.95	347,521	No	4	S	Direct
Common Stock	Acquisiton	2021-05-12	25,000	$8.44	372,521	No	4	M	Direct
Common Stock	Disposition	2021-05-12	19,088	$33.92	353,433	No	4	S	Direct
Common Stock	Disposition	2021-05-12	5,712	$34.83	347,721	No	4	S	Direct
Common Stock	Disposition	2021-05-12	200	$35.68	347,521	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-05-11	25,000	$8.44	25,000	$8.44
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-05-12	25,000	$8.44	25,000	$8.44

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
25,000		2022-02-09	No	4	M	Direct
0		2022-02-09	No	4	M	Direct

Footnotes

This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $34.77 through $35.70. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $35.77 through $36.44. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $33.31 through $34.297. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $34.318 through $35.23. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
The Stock Option was granted pursuant to the Issuer's 2002 Equity Incentive Plan and vest over 4 years, with 25% vesting on February 9, 2016 and the remainder vesting in equal annual installments over the following three years.
If the reporting person's employment is terminated for any reason before an applicable vesting date, all options and/or 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.