4//SEC Filing
SADASIVAM SHAKER 4
Accession 0001209191-23-015529
CIK 0001828161other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:31 PM ET
Size
6.3 KB
Accession
0001209191-23-015529
Insider Transaction Report
Form 4
FTC Solar, Inc.FTCI
SADASIVAM CHANDRASEKHAR
Director
Transactions
- Award
Common Stock
2023-03-01$2.86/sh+26,091$74,620→ 228,723 total
Holdings
- 3,017,094(indirect: By limited liability company)
Common Stock
Footnotes (2)
- [F1]Reflects a grant of restricted stock units, which vested in full upon grant, pursuant to the Issuer's 2021 Stock Incentive Plan made to the Reporting Person in lieu of the annual cash compensation otherwise payable to the Reporting Person for his service on the board of directors of the Issuer. The number of restricted stock units was determined by dividing the amount of such annual cash compensation by the thirty (30) day volume weighted average price (VWAP) of the Issuer's common stock as of the date of grant.
- [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.
Documents
Issuer
FTC Solar, Inc.
CIK 0001828161
Entity typeother
Related Parties
1- filerCIK 0001233432
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:31 PM ET
- Size
- 6.3 KB