4/A//SEC Filing
Warren Amanda M. 4/A
Accession 0001127602-23-021977
CIK 0001965040other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 5:54 PM ET
Size
13.0 KB
Accession
0001127602-23-021977
Insider Transaction Report
Form 4/AAmended
Warren Amanda M.
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2023-07-01+570→ 570 total - Exercise/Conversion
Restricted Stock Unit
2023-07-01−570→ 18,265 total→ Common Stock (570 underlying) - Tax Payment
Common Stock
2023-07-03$36.84/sh−167$6,152→ 403 total
Footnotes (5)
- [F1]This Form 4 is amended to reflect a filing originally made on July 5, 2023, which filing was previously amended on July 19, 2023 to reflect amendments to other transactions. The amendments in this filing reflect the amount of Restricted Stock Units ("RSUs") that were settled into shares of common stock and the number of shares of common stock forfeited by the Reporting Person, in each case after taking into account 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") and applicable tax withholding calculations.
- [F2]Each RSU represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- [F3]Shares withheld by Fortrea to satisfy tax withholding requirements on vesting of RSUs.
- [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 vested in full on July 1, 2023.
- [F5]This number reflects the aggregate number of RSUs held by the reporting person.
Issuer
Fortrea Holdings Inc.
CIK 0001965040
Entity typeother
Related Parties
1- filerCIK 0001983802
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 5:54 PM ET
- Size
- 13.0 KB