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Forian Inc. — Director's Dealing 2023
Feb 16, 2023
34416_dirs_2023-02-15_0eccb011-2dc8-4a75-94b6-b4592666f7cf.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: VESEY MICHAEL (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-13 | Common Stock | A | 50000 | — | Acquired | 90000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-13 | Stock Option (right to buy) | $3.79 | A | 185000 | Acquired | 2033-02-13 | Common Stock (185000) | Direct |
Footnotes
F1: Represents 50,000 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. RSUs convert into common stock on a one-for-one basis.
F2: The stock option vests 25% on February 13, 2024, and thereafter the remaining 75% in 12 equal quarterly installments, subject to the Reporting Person's continued employment on each applicable vesting date.