Shai Shahar - Nov 7, 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CFO, SVP Global Finance
Signature
/s/: Stan Finkelstein, Attorney-in-fact for Shai Shahar
Stock symbol
FORM
Transactions as of
Nov 7, 2024
Transactions value $
-$69,536
Form type
4
Date filed
11/8/2024, 06:12 PM
Previous filing
Nov 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +2.96K +7.68% $0.00 41.4K Nov 7, 2024 Direct
transaction FORM Common Stock Tax liability -$69.5K -1.64K -3.96% $42.40 39.8K Nov 7, 2024 Direct F1

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 -2.96K -12.5% $0.00 20.7K Nov 7, 2024 Common Stock 2.96K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 The Restricted Stock Units granted on August 7, 2023 vest in twelve (12) quarterly installments beginning on November 7, 2023 and ending on August 7, 2026 and will be settled into shares of common stocks on or following the vesting dates.
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.