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Forian Inc. Director's Dealing 2023

Feb 16, 2023

34416_dirs_2023-02-15_6f84296f-972b-4e89-b02b-2fdf16f74e4c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forian Inc. (FORA)
CIK: 0001829280
Period of Report: 2023-02-13

Reporting Person: Wygod Max C (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-13 Common Stock A 200000 Acquired 1275523 Direct
2023-02-14 Common Stock P 5000 $3.86 Acquired 1280523 Direct

Footnotes

F1: Represents 200,000 restricted stock units ("RSU"), which vest in four equal annual installments beginning on February 13, 2024, subject to the Reporting Person's continued employment on each applicable vesting day. In the event of a change in control, all unvested RSUs will vest immediately. RSUs convert into common stock on a one-for-one basis.

F2: The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $3.82 to $4.01, inclusive. Upon request of the SEC staff or the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.