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
  1. Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2023.
  2. 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.
  3. 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.
  4. 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.
  5. 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.