Mark P. Lee - 31 Jan 2024 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Chief Financial Officer
Signature
/s/ Mark P. Lee
Issuer symbol
FRGE
Transactions as of
31 Jan 2024
Transactions value $
$0
Form type
4
Filing time
12 Jul 2024, 19:32:36
Previous filing
18 Jan 2024
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRGE Common Stock, $0.0001 par value per share Disposed to Issuer $0 -27.8K -1.7% $0.00 1.6M 31 Jan 2024 Direct F1, F2
transaction FRGE Common Stock, $0.0001 par value per share Tax liability $0 -20.8K -1.3% $0.00 1.58M 10 Jul 2024 Direct F3
holding FRGE Common Stock, $0.0001 par value per share 1.21M 31 Jan 2024 Lee Kan Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported, the Reporting Person was granted restricted stock units ("RSUs") on April 24, 2023 with performance-based vesting conditions. The amount reported here reflects the forfeiture of certain of such RSUs following certification by the Board of Directors of the Issuer on January 31, 2024 of the extent of achievement of such performance conditions.
F2 In addition to reflecting the forfeiture described in footnote 1, the amount reported here further reflects the transfer of 1,205,146 shares by the Reporting Person to a family trust in June 2024. Such transfer resulted in a change from direct to indirect ownership but no change in beneficial ownership.
F3 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.