Tim Hwang - Nov 25, 2024 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Signature
/s/ Todd Aman, Attorney-in-Fact
Stock symbol
NOTE
Transactions as of
Nov 25, 2024
Transactions value $
-$100
Form type
4
Date filed
11/27/2024, 05:00 PM
Previous filing
Nov 5, 2024
Next filing
Dec 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTE Class A Common Stock Sale -$100 -100 0% $1.00 2.43M Nov 25, 2024 See Footnote F1, F2
holding NOTE Class A Common Stock 49.3K Nov 25, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported securities were sold in multiple transactions, each at a price of $1.00 per share, pursuant to a Rule 10b5-1 trading plan adopted on March 20, 2024.
F2 These securities are beneficially owned by Timothy T. Hwang, as Trustee of the Timothy T. Hwang Revocable Trust, originally dated January 10, 2019. The Reporting Person is trustee of this trust.