FTC Solar, Inc. — Director's Dealing 2024

Aug 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FTC Solar, Inc. (FTCI)
CIK: 0001828161
Period of Report: 2024-08-19

Reporting Person: Brandt Yann (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-19	Common Stock	A	4000000	$0.00	Acquired	4000000	Direct
2024-08-19	Common Stock	A	2500000	$0.00	Acquired	6500000	Direct

Footnotes

F1: Reflects a grant of restricted stock units (RSUs) pursuant to an employment agreement as an inducement grant to a new hire outside of the Issuer's 2021 Stock Incentive Plan, and is subject to a four-year vesting period as follows: (a) 25% of RSUs will vest on the grant date and (b) 1/48 of the RSUs will vest at the end of each month thereafter for the next 36 months; provided, in each case, in each case, that the reporting person is an active employee as of each such relevant vesting date.

F2: Reflects a grant of performance based RSUs pursuant to an employment agreement as an inducement grant to a new hire outside of the Issuer's 2021 Stock Incentive Plan, and is subject to vesting, in whole or in part as further described in the employment agreement, upon (i) the Issuer's publicly traded common stock achieving a $5, $8 and/or $10 price during the four year period from the grant date and (ii) the recipient's continued employment with the Issuer on any such date of achievement.