Cherukupalli Nagendra 4
4 · FTC Solar, Inc. · Filed May 17, 2023
Insider Transaction Report
Form 4
FTC Solar, Inc.FTCI
Cherukupalli Nagendra
CHIEF TECHNOLOGY OFFICER
Transactions
- Sale
Common Stock
2023-05-15$3.12/sh−17,820$55,598→ 1,810,014 total - Sale
Common Stock
2023-05-15$3.30/sh−120,000$396,000→ 1,690,014 total
Footnotes (3)
- [F1]Reflects a sale (i) pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and (ii) in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units. The sale reported on the next line of this Form 4 was not undertaken pursuant to a Rule 10b5-1 trading plan.
- [F2]Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.03 to $3.185. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.21 to $3.415. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.