Warren Amanda M. 4
4 · Fortrea Holdings Inc. · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Warren Amanda M.
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-02-07−1,182→ 16,037 total→ Common Stock (1,182 underlying) - Tax Payment
Common Stock
2024-02-07$31.59/sh−405$12,794→ 1,867 total - Exercise/Conversion
Common Stock
2024-02-07+1,182→ 2,272 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 February 7, 2024.
- [F5]This number reflects the aggregate number of RSUs held by the reporting person.