4//SEC Filing
Ou June 4
Accession 0001628280-25-042018
CIK 0002064124other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 7:20 PM ET
Size
25.4 KB
Accession
0001628280-25-042018
Insider Transaction Report
Form 4
Ou June
Director10% Owner
Transactions
- Award
Stock Option
2025-09-10+3,200,942→ 3,200,942 total(indirect: By Spouse)Exercise: $25.00Exp: 2035-09-10→ Class B Common Stock (3,200,942 underlying) - Conversion
Class B Common Stock
2025-09-12−1,500,000→ 4,313,645 total(indirect: By Trust)→ Class A Common Stock (1,500,000 underlying) - Award
Class B Common Stock
2025-09-12+2,133,961→ 30,305,353 total(indirect: By Spouse)→ Class A Common Stock (2,133,961 underlying) - Sale
Class A Common Stock
2025-09-12$25.00/sh−1,500,000$37,500,000→ 0 total(indirect: By Trust) - Conversion
Series Seed Preferred Stock
2025-09-12−4,750,187→ 0 total(indirect: By Trust)→ Class B Common Stock (4,750,187 underlying) - Conversion
Class A Common Stock
2025-09-12+1,500,000→ 1,500,000 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-09-12+4,750,187→ 5,813,645 total(indirect: By Trust)→ Class A Common Stock (4,750,187 underlying) - Award
Class B Common Stock
2025-09-12+3,200,942→ 28,171,392 total(indirect: By Spouse)→ Class A Common Stock (3,200,942 underlying)
Holdings
- 6,878,993
Class A Common Stock
- 2,237,012(indirect: By LLC)
Class B Common Stock
→ Class A Common Stock (2,237,012 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (3,185,970 underlying) - 3,185,970(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (3,185,970 underlying)
Footnotes (5)
- [F1]Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer held by the Family Trust automatically converted into one share of Class A Common Stock, which was immediately exchanged for one share of Class B Common Stock.
- [F2]The option vests with respect to one quarter of the underlying shares on September 10, 2026, and vests with respect to the remaining shares in 36 monthly installments thereafter.
- [F3]Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers.
- [F4]Represents an award of restricted stock units ("RSUs"), which vests with respect to one quarter of the underlying shares on September 10, 2026, and vest with respect to the remaining shares in 36 monthly installments thereafter. Each RSU represents a contingent right to receive one share of Class B Common Stock.
- [F5]Represents an award of RSUs, which vests in four annual installments beginning on September 10, 2026, subject to the achievement of certain stock price thresholds ranging from $32.50 to $63.00, measured based on the average price per share of the Class A Common Stock over certain trading periods. Each RSU represents a contingent right to receive one share of Class B Common Stock.
Documents
Issuer
Figure Technology Solutions, Inc.
CIK 0002064124
Entity typeother
Related Parties
1- filerCIK 0002079717
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 7:20 PM ET
- Size
- 25.4 KB