Shai Shahar - 27 Aug 2023 Form 4 Insider Report for FORMFACTOR INC (FORM)

Signature
Stan Finkelstein, attorney-in-fact for Shai Shahar
Issuer symbol
FORM
Transactions as of
27 Aug 2023
Net transactions value
$0
Form type
4
Filing time
30 Aug 2023, 21:39:21 UTC
Previous filing
09 Aug 2023
Next filing
08 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +7,200 +6.2% $0.000000 122,432 27 Aug 2023 Direct F1
transaction FORM Common Stock Tax liability $0 -2,490 -2% $0.000000 119,942 27 Aug 2023 Direct F2

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 FORM Restricted Stock Units Options Exercise $0 -7,200 -100% $0.000000* 0 27 Aug 2023 Common Stock 7,200 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units vest in three annual installments on each August 27, 2021, 2022, and 2023 and will be settled into shares of common stocks on or following the vesting dates
F2 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F3 If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.