Forian Inc. — Director's Dealing 2024

Jan 18, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Forian Inc. (FORA)
CIK: 0001829280
Period of Report: 2024-01-12

Reporting Person: Spaniel Edward Francis Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-12	Common Stock	A	175000	—	Acquired	817661	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-12	Stock Option (right to buy)	$2.67	A	175000	Acquired	2034-01-12	Common Stock (175000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1831526	Indirect

Footnotes

F1: Represents 175,000 restricted stock units ("RSU"), which vest in four equal annual installments beginning on January 12, 2025. RSUs convert into common stock on a one-for-one basis.

F2: The shares held by The Adam H. Dublin 2019 Family Trust of which the Reporting Person is co-trustee and has joint investment and dispositive power and the Reporting Person disclaims beneficial ownership of these shares.

F3: The stock option vests 25% on January 12, 2025, and thereafter the remaining 75% vests in 12 equal quarterly installments.