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FTC Solar, Inc. — Director's Dealing 2023
Jan 9, 2023
34159_dirs_2023-01-09_de75c4e7-5602-4f44-b573-e1c67d0c0d65.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: 2023-01-05
Reporting Person: Morris Robert Phelps (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-05 | Common Stock | S | 16839 | $2.57 | Disposed | 204740 | 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 previously granted to the Reporting Person in exchange for the Reporting Person's agreement with the Issuer to forego a portion of his cash salary from July 1, 2022 until December 31, 2022.
F2: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.515 to $2.65. 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.