Spaniel Edward Francis Jr 4
4 · Forian Inc. · Filed Jan 17, 2024
Insider Transaction Report
Form 4
Forian Inc.FORA
Spaniel Edward Francis Jr
EVP, Gen Counsel & Secretary
Transactions
- Award
Common Stock
2024-01-12+175,000→ 817,661 total - Award
Stock Option (right to buy)
2024-01-12+175,000→ 175,000 totalExercise: $2.67Exp: 2034-01-12→ Common Stock (175,000 underlying)
Holdings
- 1,831,526(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents 175,000 restricted stock units ("RSU"), which vest in four equal annual installments beginning on January 12, 2025. 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 January 12, 2025, and thereafter the remaining 75% vests in 12 equal quarterly installments.