Filing Details
- Accession Number:
- 0001209191-23-046131
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-16 19:36:32
- Reporting Period:
- 2023-08-14
- Accepted Time:
- 2023-08-16 19:36:32
- 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 |
|---|---|---|---|---|---|---|---|
| 1857126 | Trust Family Arc | 20 Montchanin Road, Suite 100 Greenville DE 19807 | No | No | Yes | 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 | Disposition | 2023-08-14 | 50,000 | $2.14 | 12,590,857 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-08-15 | 50,000 | $1.99 | 12,540,857 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-08-16 | 50,000 | $1.96 | 12,490,857 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2023.
- Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.045 to $2.25. 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 ARC Family Trust was established by Ahmad Chatila, a member of the Issuer's board of directors, for the benefit of certain members of his family. Shaker Sadasivam, a member of the Issuer's board of directors, is the trustee of the ARC Family Trust and has sole voting and dispositive power with respect to these securities. Mr. Sadasivam disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
- Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $1.965 to $2.035. 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.
- Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $1.92 to $2.03. 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.
Billionaire Hedge Funds
