Shai Shahar - 27 Aug 2021 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CFO, SVP Global Finance
Signature
Jason Cohen, attorney-in-fact for Shai Shahar
Issuer symbol
FORM
Transactions as of
27 Aug 2021
Net transactions value
-$152,565
Form type
4
Filing time
30 Aug 2021, 12:39:06 UTC
Previous filing
03 Aug 2021
Next filing
10 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +7,200 +18% $0.000000 46,731 27 Aug 2021 Direct F1
transaction FORM Common Stock Tax liability $152,565 -3,887 -8.3% $39.25 42,844 27 Aug 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FORM Restricted Stock Units Options Exercise $0 -7,200 -33% $0.000000 14,400 27 Aug 2021 Common Stock 7,200 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units vest in three annual installments on each August 27, 2021, 2022, and 2023 and will be settled into shares of common stocks on or following the vesting dates
F2 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F3 If the reporting person's employment is terminated for any reason before an applicable vesting date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.