4//SEC Filing
Chen Hubert C 4
Accession 0001209191-24-000326
CIK 0001419041other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:04 PM ET
Size
9.5 KB
Accession
0001209191-24-000326
Insider Transaction Report
Form 4
Chen Hubert C
See remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-01-01−7,500→ 90,000 total→ Common Stock (7,500 underlying) - Tax Payment
Common Stock
2024-01-01$0.82/sh−3,073$2,525→ 93,405 total - Exercise/Conversion
Common Stock
2024-01-01+7,500→ 96,478 total
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. Common Stock.
- [F2]On January 1, 2024, the Reporting Person's RSUs vested. The closing price of Forte Biosciences, Inc.'s Common Stock on December 29, 2023 was the settlement price used to calculate the shares withheld.
- [F3]Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each Quarterly Vesting Date (as defined below) on or immediately following February 1, 2023. For purposes of this RSU Award, "Quarterly Vesting Date" with respect to any calendar year means January 1, April 1, July 1, and October 1.
Documents
Issuer
Forte Biosciences, Inc.
CIK 0001419041
Entity typeother
Related Parties
1- filerCIK 0001622297
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:04 PM ET
- Size
- 9.5 KB