Hanson James S. 4
4 · Fortrea Holdings Inc. · Filed Jul 5, 2023
Insider Transaction Report
Form 4
Hanson James S.
General Counsel
Transactions
- Award
Restricted Stock Unit
2023-06-30+20,702→ 20,702 total→ Common Stock (20,702 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Fortrea Holdings Inc. Common Stock.
- [F2]In connection with the spin-off ("Spin-Off") of Fortrea Holdings Inc. ("Fortrea") by Laboratory Corporation of America Holdings ("Labcorp"), RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the Employee Matters Agreement by and between Labcorp and Fortrea (the "EMA"). Amounts are estimates pending finalization of the adjustment ratio pursuant to the EMA. The RSUs vest in three equal annual installments beginning on June 1, 2024.