Sergey Lukyanov - 14 Feb 2025 Form 4 Insider Report for Freedom Holding Corp. (FRHC)

Role
Officer
Signature
/s/ Sergey Lukyanov
Issuer symbol
FRHC
Transactions as of
14 Feb 2025
Transactions value $
-$1,099,913
Form type
4
Filing time
20 Feb 2025, 17:00:21 UTC
Previous filing
21 Nov 2023
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRHC Common Stock Sale -$465K -2.9K -2.27% $160.29 125K 14 Feb 2025 Direct F1, F2
transaction FRHC Common Stock Sale -$314K -1.96K -1.57% $160.53 123K 18 Feb 2025 Direct F1, F3
transaction FRHC Common Stock Sale -$321K -2.04K -1.66% $157.00 121K 19 Feb 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Lukyanov was awarded 106,000 restricted shares of common stock of Freedom Holding Corp. (the "Company") under the Company 2019 Equity Incentive Plan pursuant to that certain Restricted Stock Award Agreement entered into as of May 18, 2021, by and between the Company and Mr. Lukyanov (the "Agreement"). Assuming satisfaction of applicable vesting conditions, which include continuous service with the Company and market price conditions tied to the performance of the Company's common shares, 21,200 shares will vest annually beginning May 18, 2022 through May 18, 2026. Mr. Lukyanov's previously filed Form 3 inadvertently omitted the unvested restricted shares of common stock from Mr. Lukyanov's beneficially owned securities, which are now reflected in this Form 4.
F2 Reflects the weighted average price of sales on February 14, 2025. The shares were sold in multiple transactions at prices ranging from $160.20 to $160.51, inclusive. The reporting person undertakes to provide to Freedom Holding Corp., any security holder of Freedom Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3 Reflects the weighted average price of sales on February 18, 2025. The shares were sold in multiple transactions at prices ranging from $160.25 to $160.80, inclusive. The reporting person undertakes to provide to Freedom Holding Corp., any security holder of Freedom Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Remarks:

Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC