Home/Filings/4/A/0001127602-23-021024
4/A//SEC Filing

Warren Amanda M. 4/A

Accession 0001127602-23-021024

CIK 0001965040other

Filed

Jul 18, 8:00 PM ET

Accepted

Jul 19, 4:55 PM ET

Size

19.1 KB

Accession

0001127602-23-021024

Insider Transaction Report

Form 4/AAmended
Period: 2023-06-30
Warren Amanda M.
Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Unit

    2023-06-30+1,0461,046 total
    Common Stock (1,046 underlying)
  • Award

    Restricted Stock Unit

    2023-06-30+2,1353,181 total
    Common Stock (2,135 underlying)
  • Award

    Restricted Stock Unit

    2023-06-30+57018,835 total
    Common Stock (570 underlying)
  • Award

    Restricted Stock Unit

    2023-06-30+3,5586,739 total
    Common Stock (3,558 underlying)
  • Award

    Restricted Stock Unit

    2023-06-30+11,52618,265 total
    Common Stock (11,526 underlying)
Footnotes (8)
  • [F1]This Form 4 is amended to reflect the adjusted amount of Restricted Stock Units ("RSUs") issued to the Reporting Person in connection with the final adjustment ratio calculated pursuant to the terms of the Employee Matters Agreement (the "EMA") by and between Laboratory Corporation of America Holdings ("Labcorp") and Fortrea Holdings Inc. ("Fortrea").
  • [F2]Each RSU represents the contingent right to receive one share of Fortrea Holdings Inc. Common Stock.
  • [F3]In connection with the spin-off ("Spin-Off") of Fortrea by Labcorp, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The number of RSUs have been adjusted due to the February 2, 2024.
  • [F4]In connection with the Spin-Off, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The RSUs vest in three equal annual installments beginning on February 7, 2024.
  • [F5]This number reflects the aggregate number of Restricted Stock Units held by the reporting person.
  • [F6]In connection with the Spin-Off of Fortrea by Labcorp, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The RSUs will vest in two annual installments on February 11 of each of 2024 and 2025.
  • [F7]In connection with the Spin-Off, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The RSUs vest in three equal annual installments beginning on June 1, 2024.
  • [F8]In connection with the Spin-Off, RSUs granted by Labcorp were converted into time-vesting RSUs of Fortrea pursuant to the terms of the EMA. The RSUs vested in full on July 1, 2023.

Issuer

Fortrea Holdings Inc.

CIK 0001965040

Entity typeother

Related Parties

1
  • filerCIK 0001983802

Filing Metadata

Form type
4/A
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 4:55 PM ET
Size
19.1 KB