VESEY MICHAEL 4
4 · Forian Inc. · Filed Feb 15, 2023
Insider Transaction Report
Form 4
Forian Inc.FORA
VESEY MICHAEL
Chief Financial Officer
Transactions
- Award
Common Stock
2023-02-13+50,000→ 90,000 total - Award
Stock Option (right to buy)
2023-02-13+185,000→ 185,000 totalExercise: $3.79Exp: 2033-02-13→ Common Stock (185,000 underlying)
Footnotes (2)
- [F1]Represents 50,000 restricted stock units ("RSU"), which vest in four equal annual installments beginning on February 13, 2024, subject to the Reporting Person's continued employment on each applicable vesting day. RSUs convert into common stock on a one-for-one basis.
- [F2]The stock option vests 25% on February 13, 2024, and thereafter the remaining 75% in 12 equal quarterly installments, subject to the Reporting Person's continued employment on each applicable vesting date.