Ming Hsieh - Feb 23, 2024 Form 4 Insider Report for Fulgent Genetics, Inc. (FLGT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paul Kim as Attorney-In-Fact
Stock symbol
FLGT
Transactions as of
Feb 23, 2024
Transactions value $
-$208,528
Form type
4
Date filed
2/27/2024, 06:48 PM
Previous filing
Feb 5, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLGT Common Stock Tax liability -$209K -8.67K -1.35% $24.06 633K Feb 23, 2024 Direct F1
holding FLGT Common Stock 221K Feb 23, 2024 By Trust F2
holding FLGT Common Stock 7.9M Feb 23, 2024 By Trust F3
holding FLGT Common Stock 1K Feb 23, 2024 Uniform Transfer to Minor Account F4
holding FLGT Common Stock 1K Feb 23, 2024 Uniform Transfer to Minors Account F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 23, 2023, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2023.
F2 Securities held by the Dynasty Trust. Mr. Hsieh is the grantor of the Dynasty Trust and he and his spouse, Eva Hsieh, and Jian Xie serve on the investment committee of the Dynasty Trust. Mr. Hsieh disclaims any beneficial interest except with respect to any pecuniary interest therein.
F3 Securities held by The Ming Hsieh Trust (the "Hsieh Trust"). Mr. Hsieh is the trustee of the Hsieh Trust and possesses the sole voting and dispositive power with respect to securities held by the Hsieh Trust.
F4 Shares held in a Uniform Transfers to Minor Act account for which Ming Hsieh acts as custodian and possesses the sole voting and dispositive power.