MICHAEL VESEY - 02 Sep 2021 Form 4 Insider Report for Forian Inc. (FORA)

Role: Chief Financial Officer
Signature: /s/ Edward Spaniel, Jr., Attorney-in-Fact
Issuer symbol: FORA
Transactions as of: 02 Sep 2021
Transactions value $: $0
Form type: 4
Filing time: 10 Sep 2021, 14:06:31 UTC
Previous filing: 07 May 2021
Next filing: 13 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FORA	Restricted Stock Units	Award	$0	+40K		$0.00	40K	02 Sep 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FORA	Stock Option (right to buy)	Award	$0	+350K		$0.00	350K	02 Sep 2021	Common Stock	350K	$10.62	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 40,000 restricted stock units which vest in four equal annual installments beginning September 2, 2022, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.
F2	The stock option vests 25% on September 2, 2022 and 75% in equal quarterly installments through September 2, 2025, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.