FTC Solar, Inc. — Director's Dealing 2022

Oct 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FTC Solar, Inc. (FTCI)
CIK: 0001828161
Period of Report: 2022-10-17

Reporting Person: ARC Family Trust (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-17	Common Stock	S	50000	$2.39	Disposed	17291357	Direct
2022-10-18	Common Stock	S	50000	$2.30	Disposed	17241357	Direct

Footnotes

F1: Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.

F2: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.56. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: The ARC Family Trust was established by Ahmad Chatila, a member of the Issuer's board of directors, for the benefit of certain members of his family. Shaker Sadasivam, a member of the Issuer's board of directors, is the trustee of the ARC Family Trust and has sole voting and dispositive power with respect to these securities. Mr. Sadasivam disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.

F4: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.46. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.