SHAKER SADASIVAM - 17 Nov 2023 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role: Director
Signature: /s/ Jacob D. Wolf, as Attorney-in-Fact
Issuer symbol: FTCI
Transactions as of: 17 Nov 2023
Net transactions value: +$30,498
Form type: 4
Filing time: 21 Nov 2023, 08:30:07 UTC
Previous filing: 14 Sep 2023
Next filing: 10 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FTCI	Common Stock	Purchase	$30,498	+59,800	+20%	$0.5100	363,927	17 Nov 2023	Direct	F1
holding	FTCI	Common Stock						3,017,094	17 Nov 2023	By limited liability company	F2

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

Explanation of Responses:

Id	Content
F1	Represents a weighted average purchase price per share for these shares, which were purchased in multiple transactions at prices ranging from $0.509 to $0.51. 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 purchased at each separate price within the range.
F2	The Reporting Person is the Manager of ChristSivam, LLC and has sole voting and dispositive power with respect to the shares held by ChristSivam, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.

Content

Represents a weighted average purchase price per share for these shares, which were purchased in multiple transactions at prices ranging from $0.509 to $0.51. 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 purchased at each separate price within the range.

The Reporting Person is the Manager of ChristSivam, LLC and has sole voting and dispositive power with respect to the shares held by ChristSivam, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.