Paula Madoff - Mar 21, 2022 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Former Director
Signature
/s/ Kristy Trieste, as attorney in fact for Paula Madoff
Stock symbol
FRGE
Transactions as of
Mar 21, 2022
Transactions value $
$0
Form type
4
Date filed
3/23/2022, 07:20 PM
Previous filing
Dec 6, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRGE Common Stock Options Exercise +30K 30K Mar 21, 2022 Direct F1, 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 FRGE Class B Ordinary Shares Options Exercise -30K -100% 0 Mar 21, 2022 Common Stock Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Paula Madoff is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in Motive Capital Corp's ("Motive" and the former name of the Issuer) registration statement on Form S-1 (File No. 333-250947) under the heading "Description of Securities-Founder Shares," the Class B ordinary shares, par value $0.0001 per share, were automatically convertible into Class A ordinary shares of the Issuer concurrently with or immediately following the consummation of its initial business combination (the "Business Combination") on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.
F2 On March 21, 2022, Motive consummated the Business Combination with Forge Global, Inc. In connection with the Business Combination and the transactions contemplated thereby (including the domestication of Motive from the Cayman Islands into Delware), each Class B ordinary share converted into one share of Common Stock of the Issuer. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.