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FGI Industries Ltd. Director's Dealing 2023

Mar 27, 2023

35174_dirs_2023-03-27_fefff5c7-2d52-4fdb-aeef-ebe74d02b0b9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FGI Industries Ltd. (FGI)
CIK: 0001864943
Period of Report: 2023-03-23

Reporting Person: Lin Perry (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-23 Employee Stock Option (right to buy) $2.26 A 38759 Acquired 2032-05-11 Ordinary Shares (38759) Direct

Footnotes

F1: On May 11, 2022, the reporting person was granted an option to purchase 44,860 ordinary shares. The option was subject to the registrant's satisfaction of certain performance criteria for the fiscal year ending December 31, 2022. The performance criteria were partially met, resulting in vesting of option of up to 38,759 shares. The option will vest as to one-third of the 38,759 shares on March 31, 2023, then in 36 equal monthly installments upon completion of each additional month of service.