Barry Rudolph - 17 May 2022 Form 4 Insider Report for FALCONSTOR SOFTWARE INC (FALC)

Role
Director
Signature
/s/ Barry Rudolph
Issuer symbol
FALC
Transactions as of
17 May 2022
Net transactions value
+$11,815
Form type
4
Filing time
17 May 2022, 17:01:00 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FALC Common Stock Award $11,815 +8,500 +128% $1.39 15,116 17 May 2022 Direct F1
holding FALC Common Stock 111,503 17 May 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.35 to $1.40, inclusive. The Reporting Person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased.
F2 Represents shares of restricted stock units that are subject to vesting.