| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FTCI | Common Stock | Award | $61.7K | +13.6K | +5.54% | $4.55 | 258K | Aug 17, 2022 | Direct | F1 |
| transaction | FTCI | Common Stock | Options Exercise | $95K | +200K | +77.4% | $0.48* | 458K | Aug 17, 2022 | Direct | F2 |
| transaction | FTCI | Common Stock | Sale | -$930K | -200K | -43.63% | $4.65 | 258K | Aug 17, 2022 | Direct | F3 |
| transaction | FTCI | Common Stock | Options Exercise | $83.1K | +175K | +67.72% | $0.48* | 433K | Aug 18, 2022 | Direct | F2 |
| transaction | FTCI | Common Stock | Sale | -$798K | -175K | -40.38% | $4.56 | 258K | Aug 18, 2022 | Direct | F4 |
| transaction | FTCI | Common Stock | Options Exercise | $41.4K | +87.2K | +33.73% | $0.48* | 346K | Aug 19, 2022 | Direct | F2 |
| transaction | FTCI | Common Stock | Sale | -$377K | -87.2K | -25.22% | $4.33 | 258K | Aug 19, 2022 | Direct | F5 |
| holding | FTCI | Common Stock | 94.3K | Aug 17, 2022 | By Trust | F6 | |||||
| holding | FTCI | Common Stock | 94.3K | Aug 17, 2022 | By Trust | F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FTCI | Employee Stock Options (right to buy) | Options Exercise | $0 | -200K | -16.17% | $0.00 | 1.04M | Aug 17, 2022 | Common Stock | 200K | $0.48 | Direct | F8, F9 |
| transaction | FTCI | Employee Stock Options (right to buy) | Options Exercise | $0 | -175K | -16.88% | $0.00 | 862K | Aug 18, 2022 | Common Stock | 175K | $0.48 | Direct | F8, F9 |
| transaction | FTCI | Employee Stock Options (right to buy) | Options Exercise | $0 | -87.2K | -10.11% | $0.00 | 775K | Aug 19, 2022 | Common Stock | 87.2K | $0.48 | Direct | F8, F9 |
| Id | Content |
|---|---|
| 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 exchange for the Reporting Person's agreement with the Issuer to forego his cash bonus earned for the second quarter of 2022. |
| F2 | The common stock reported on this line of this Form 4 was issued as a result of the exercise of employee stock options. |
| F3 | Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $$4.53 to $4.75. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| F4 | Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $4.50 to $4.71. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| F5 | Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $4.30 to $4.55. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| F6 | These shares are owned directly by the Patrick Cook 2021 Trust for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee of the trust and (b) has sole voting and dispositive power with respect to the shares held by the trust. The Reporting Person's spouse has sole power to acquire for herself any assets held in the trust, including the shares, by substituting other property of equivalent value. 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. |
| F7 | These shares are owned directly by the Cook 2021 Family Trust for the benefit of the Reporting Person's children. The Reporting Person (a) is the sole investment adviser of the trust, (b) has sole power to direct the trustee as to the voting and disposition of the shares held by the trust, and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value. 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. |
| F8 | Reflects an adjustment for an approximately 8.25-for-1 forward split that was effectuated on April 28, 2021. |
| F9 | 927,750 of the options are fully vested and exercisable as of August 19, 2022, and the remaining 309,250 options will vest in monthly installments until July 29, 2023. |