Kelly Rodriques - Feb 10, 2025 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Chief Executive Officer, Director
Signature
/s/ Mark P. Lee, Attorney-in-Fact
Stock symbol
FRGE
Transactions as of
Feb 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/12/2025, 07:58 PM
Previous filing
Jan 17, 2025
Next filing
Mar 18, 2025
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 Award $0 +635K +7.91% $0.00 8.67M Feb 10, 2025 Direct F1
transaction FRGE Common Stock, $0.0001 par value per share Tax liability $0 -163K -1.88% $0.00 8.5M Feb 10, 2025 Direct F2
holding FRGE Common Stock, $0.0001 par value per share 69.8K Feb 10, 2025 By Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA
holding FRGE Common Stock, $0.0001 par value per share 1.6M Feb 10, 2025 By Operative Capital SPV I, LLC F3
holding FRGE Common Stock, $0.0001 par value per share 689K Feb 10, 2025 By Operative Capital LP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares upon the certification of the Board of Directors of the Issuer that the performance conditions were met with respect to performance-based restricted stock units ("RSUs") granted to the Reporting Person on April 15, 2024 under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan (the "Plan"). 1/3rd of the RSUs vested on the certification date. Subject to the Reporting Person's continued Service Relationship (as defined in the Plan) through each applicable vesting date, the remaining RSUs will vest in 24 equal monthly installments starting on the one-month anniversary of January 1, 2025.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.
F3 The Reporting Person is a managing member of the ultimate general partner of each of Operative Capital LP and Operative Capital SPV I, LLC and thus may be deemed to be the beneficial owner of the shares held by such entities. The Reporting Person disclaims beneficial ownership of all securities held by such entities except to the extent of his pecuniary interest therein, if any.