FGI Industries Ltd. — Director's Dealing 2023

Mar 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Chen John Shu-Nan (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	48449	Acquired	2032-05-11	Ordinary Shares (48449)	Direct

Footnotes

F1: On May 11, 2022, the reporting person was granted an option to purchase 56,075 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 48,449 shares. The option will vest as to one-third of the 48,449 shares on March 31, 2023, then in 36 equal monthly installments upon completion of each additional month of service.