Pike Thomas 4

4 · Fortrea Holdings Inc. · Filed Jan 11, 2024

Form 4

Period: 2024-01-09

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Restricted Stock Unit
2024-01-09−40,220→ 457,522 total
→ Common Stock (40,220 underlying)
Exercise/Conversion
Common Stock
2024-01-09+40,220→ 60,220 total
Tax Payment
Common Stock
2024-01-09$32.35/sh−12,393$400,914→ 47,827 total

Footnotes (5)

[F1]Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of Fortrea Holdings Inc. ("Fortrea") Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
[F2]Shares withheld by Fortrea to satisfy tax withholding requirements on vesting of RSUs.
[F3]This number reflects the aggregate amount of Common Stock held by the reporting person.
[F4]In connection with the spin-off of 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. An annual installment of the RSUs vested on January 9, 2024.
[F5]This number reflects the aggregate number of RSUs held by the reporting person.

Documents

2 files