Todd Aman - 07 Nov 2024 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Signature
/s/ Todd Aman
Issuer symbol
NOTE
Transactions as of
07 Nov 2024
Transactions value $
-$644
Form type
4
Filing time
12 Nov 2024, 16:36:46 UTC
Previous filing
19 Aug 2024
Next filing
19 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTE Class A Common Stock Sale -$644 -676 -0.4% $0.9532 168,858 07 Nov 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold to satisfy the reporting person's tax obligations upon the vesting of 2,251 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2023.