4//SEC Filing
Cook Patrick 4
Accession 0000950170-24-035532
CIK 0001828161other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:00 PM ET
Size
10.2 KB
Accession
0000950170-24-035532
Insider Transaction Report
Form 4
FTC Solar, Inc.FTCI
Cook Patrick
CFO and Treasurer
Transactions
- Sale
Common Stock
2024-03-20$0.53/sh−48,911$25,923→ 1,245,205 total - Sale
Common Stock
2024-03-21$0.58/sh−23,000$13,340→ 1,222,205 total
Holdings
- 94,295(indirect: By Trust)
Common Stock
- 94,295(indirect: By Trust)
Common Stock
Footnotes (6)
- [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.
- [F2]Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $.527 to $.555. 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]This sale was not undertaken pursuant to a Rule 10b5-1 trading plan.
- [F4]Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $.58 to $.593. 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.
- [F5]Patrick Cook 2021 Trust: These shares are owned directly by the Patrick Cook 2021 Trust for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee of the trust and (b) has sole voting and dispositive power with respect to the shares held by the trust. The Reporting Person's spouse has sole power to acquire for herself any assets held in the trust, including the shares, by substituting other property of equivalent value. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
- [F6]Cook 2021 Family Trust: These shares are owned directly by the Cook 2021 Family Trust for the benefit of the Reporting Person's children. The Reporting Person (a) is the sole investment adviser of the trust, (b) has sole power to direct the trustee as to the voting and disposition of the shares held by the trust, and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
Documents
Issuer
FTC Solar, Inc.
CIK 0001828161
Entity typeother
Related Parties
1- filerCIK 0001855935
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:00 PM ET
- Size
- 10.2 KB