Cathy Behnen - 06 Dec 2022 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role: CHIEF ACCOUNTING OFFICER
Signature: /s/ Jacob D. Wolf, as Attorney-in-Fact
Issuer symbol: FTCI
Transactions as of: 06 Dec 2022
Net transactions value: -$4,905
Form type: 4
Filing time: 08 Dec 2022, 15:30:15 UTC
Previous filing: 17 Nov 2022
Next filing: 18 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FTCI	Common Stock	Sale	$4,905	-2,180	-1.5%	$2.25	143,424	06 Dec 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The shares were sold in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units previously granted to the Reporting Person.
F2	Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.36. 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.

Content

The shares were sold in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units previously granted to the Reporting Person.

Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.22 to $2.36. 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.