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Fulgent Genetics, Inc. — Director's Dealing 2024
Feb 29, 2024
32553_dirs_2024-02-28_aeb0a69a-08d1-41dc-99e0-b99c49e66d3c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fulgent Genetics, Inc. (FLGT)
CIK: 0001674930
Period of Report: 2024-02-26
Reporting Person: Xie Jian (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-26 | Common Stock | A | 3927 | — | Acquired | 343037 | Direct |
| 2024-02-26 | Common Stock | A | 6359 | — | Acquired | 349396 | Direct |
| 2024-02-26 | Common Stock | F | 2111 | $24.26 | Disposed | 347285 | Direct |
| 2024-02-26 | Common Stock | F | 3418 | $24.26 | Disposed | 343867 | Direct |
| 2024-02-26 | Common Stock | A | 25350 | — | Acquired | 369217 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 220816 | Indirect |
Footnotes
F1: Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 28, 2022.
F2: Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 23, 2023.
F3: The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 28, 2022.
F4: The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 23, 2023.
F5: Restricted stock units. The shares subject to the restricted stock units vest over a period of three years, with 1/3rd of such shares vesting 12 months after February 26, 2024, and 1/12th of such shares vesting at the end of every three month period thereafter over the remaining 24 months, subject to continued service for Issuer on each vesting date.
F6: Securities held by The Hsieh Family Dynasty Trust, dated January 27, 2010 (the "Trust"). Mr. Xie serves on the investment committee of the Trust. Mr. Xie disclaims any beneficial interest except with respect to any pecuniary interest therein.