Vlad Eidelman - 19 Jan 2023 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Role: Chief Technology Officer
Signature: /s/ Todd Aman, Attorney-in-Fact
Issuer symbol: NOTE
Transactions as of: 19 Jan 2023
Transactions value $: $-4,921
Form type: 4
Filing time: 09 Feb 2023, 17:47:25 UTC
Previous filing: 11 Jan 2023
Next filing: 09 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOTE	Class A Common Stock	Award	$0	+20,000	+7.25%	$0.000000	295,939	19 Jan 2023	Direct	F1
transaction	NOTE	Class A Common Stock	Award	$0	+36,000	+12.2%	$0.000000	331,939	07 Feb 2023	Direct	F2
transaction	NOTE	Class A Common Stock	Tax liability	$-4,921	-1,367	-0.41%	$3.60	330,572	07 Feb 2023	Direct	F3

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	NOTE	Employee Stock Options (Right to Buy)	Award	$0	+36,000		$0.000000	36,000	07 Feb 2023	Class A Common Stock	36,000	$3.60	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. These shares were granted pursuant to the terms of Mr. Eidelman's employment agreement and are vested effective immediately.
F2	Each RSU represents a contingent right to receive one share of Class A Common Stock. These RSUs will vest over a period of three years. One-third (1/3rd) of the RSUs will vest on the one-year anniversary of February 7, 2023, with the remainder vesting ratably each fiscal quarter thereafter.
F3	Represents shares of the issuer's Class A Common Stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2,415 restricted stock units.
F4	These Stock Options (the "Options") vest over a four year period as follows: One-fourth (1/4th) of the Options will vest on the one-year anniversary of February 7, 2023, with the remainder vesting ratably each fiscal quarter thereafter.