Filing Details
- Accession Number:
- 0001209191-23-015825
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-03 17:37:09
- Reporting Period:
- 2023-03-01
- Accepted Time:
- 2023-03-03 17:37:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1828161 | Ftc Solar Inc. | FTCI | Semiconductors & Related Devices (3674) | 814816270 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1921678 | Phelps Robert Morris | C/O Ftc Solar, Inc. 9020 N Capital Of Texas Hwy, Suite I-260 Austin TX 78759 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2023-03-01 | 18,881 | $2.86 | 223,621 | No | 4 | A | Direct | |
Common Stock | Disposition | 2023-03-03 | 8,432 | $2.99 | 215,189 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- Reflects a grant of restricted stock units, which vested in full upon grant, pursuant to the Issuers 2021 Stock Incentive Plan made to the Reporting Person in exchange for the Reporting Persons agreement with the Issuer to forego his cash bonus earned for the fourth quarter of 2022. The number of restricted stock units was determined by dividing the amount of such cash bonus by the thirty (30) day volume weighted average price (VWAP) of the Issuers common stock as of the date of grant.
- Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.97 to $3.00. 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. The shares were sold in order to satisfy tax obligations payable upon the settlement of the restricted stock units previously granted to the Reporting Person in exchange for the Reporting Person's agreement with the Issuer to forego his cash bonus earned for the fourth quarter of 2022.