Cathy Behnen - 12 Dec 2023 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Jacob D. Wolf, as Attorney-in-Fact
Issuer symbol: FTCI
Transactions as of: 12 Dec 2023
Transactions value $: $0
Form type: 4
Filing time: 14 Dec 2023, 18:30:19 UTC
Previous filing: 17 Nov 2023
Next filing: 12 Feb 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	Award	$0	+400K	+113.64%	$0.00	752K	12 Dec 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Reflects a grant of performance based restricted stock units pursuant to the Issuer's 2021 Stock Incentive Plan, and is subject to vesting, in whole or in part as further described in the grant documentation, upon (i) the Issuer's publicly traded common stock achieving a $5, $8 and/or $10 price during the four year period from the grant date and (ii) the recipient's continued employment with the Issuer on any such date of achievement.

Content

Reflects a grant of performance based restricted stock units pursuant to the Issuer's 2021 Stock Incentive Plan, and is subject to vesting, in whole or in part as further described in the grant documentation, upon (i) the Issuer's publicly traded common stock achieving a $5, $8 and/or $10 price during the four year period from the grant date and (ii) the recipient's continued employment with the Issuer on any such date of achievement.