Spaniel Edward Francis Jr 4
4 · Forian Inc. · Filed Feb 15, 2023
Insider Transaction Report
Form 4
Forian Inc.FORA
Spaniel Edward Francis Jr
EVP, Gen Counsel & Secretary
Transactions
- Tax Payment
Common Stock
2022-03-05$6.36/sh−7,760$49,354→ 590,546 total - Award
Common Stock
2023-02-13+60,000→ 650,546 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)
Holdings
- 1,831,526(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents 60,000 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 shares held by The Adam H. Dublin 2019 Family Trust of which the Reporting Person is co-trustee and has joint investment and dispositive power and the Reporting Person disclaims beneficial ownership of these shares.
- [F3]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.