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FTC Solar, Inc. Director's Dealing 2023

May 17, 2023

34159_dirs_2023-05-17_748ea8bb-186b-4d3c-94f8-d3975a7034c6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FTC Solar, Inc. (FTCI)
CIK: 0001828161
Period of Report: 2023-05-15

Reporting Person: Cherukupalli Nagendra (CHIEF TECHNOLOGY OFFICER)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-15 Common Stock S 17820 $3.12 Disposed 1810014 Direct
2023-05-15 Common Stock S 120000 $3.30 Disposed 1690014 Direct

Footnotes

F1: Reflects a sale (i) pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and (ii) in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units. The sale reported on the next line of this Form 4 was not undertaken pursuant to a Rule 10b5-1 trading plan.

F2: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.03 to $3.185. 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: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.21 to $3.415. 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.