FiscalNote Holdings, Inc. — Director's Dealing 2022

Oct 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FiscalNote Holdings, Inc. (NOTE)
CIK: 0001823466
Period of Report: 2022-10-05

Reporting Person: Hwang Tim (Director, See Remarks, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-05	Class A Common Stock	A	2155984	$0.00	Acquired	2155984	Direct
2022-10-05	Class A Common Stock	F	189188	$6.28	Disposed	1966796	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-05	Nonstatutory Stock options (Right to Buy)	$6.28	A	1437323	Acquired	2032-10-04	Class A Common Stock (1437323)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. Pursuant to the terms of Mr. Hwang's employment agreement, which specifies an April 1, 2022 vesting commencement date for these awards, twenty-five percent (25%) of the RSUs vested as of October 5, 2022. One twenty-fourth (1/24th) of the RSUs shall vest ratably on the first day of each calendar month commencing November 1, 2022 and continuing through April 1, 2024.

F2: Represents shares of the issuer's Class A Common Stock withheld to satisfy the reporting person's tax obligation upon the vesting of 538,998 RSUs.

F3: The nonstatutory stock options vest in four equal annual installments commencing April 1, 2023