Cherukupalli Nagendra 4
4 · FTC Solar, Inc. · Filed Jan 13, 2022
Insider Transaction Report
Form 4
FTC Solar, Inc.FTCI
Cherukupalli Nagendra
CHIEF TECHNOLOGY OFFICER
Transactions
- Sale
Common Stock
2022-01-11$6.56/sh−74,127$486,273→ 1,680,321 total - Exercise/Conversion
Common Stock
2022-01-12$0.07/sh+83,370$5,753→ 1,763,691 total - Exercise/Conversion
Employee Stock Options (right to buy)
2022-01-12−83,370→ 0 totalExercise: $0.07Exp: 2028-02-13→ Common Stock (83,370 underlying)
Footnotes (4)
- [F1]Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $6.46 to $6.72. 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]Reflects shares issued as a result of the exercise of employuee stock options by the Reporting Person.
- [F4]The options were fully vested as of January 1, 2022.