Betty D. Larson - 30 Mar 2024 Form 4 Insider Report for Fortrea Holdings Inc. (FTRE)

Role
Former Director
Signature
/s/ James Stillman Hanson, Attorney-in-Fact for Betty D. Larson
Issuer symbol
FTRE
Transactions as of
30 Mar 2024
Net transactions value
$0
Form type
4
Filing time
01 Apr 2024, 06:33:54 UTC
Previous filing
05 Mar 2024
Next filing
08 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTRE Common Stock Options Exercise $0 +6,354 $0.000000 6,354 30 Mar 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 FTRE Restricted Stock Unit Options Exercise $0 -6,354 -100% $0.000000* 0 30 Mar 2024 Common Stock 6,354 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Management Development and Compensation Committee of Board of Directors approved, immediately upon the Reporting Person's resignation from the Board of Directors, accelerated vesting of 6,354 Restricted Stock Units that were otherwise scheduled to vest on July 18, 2024. These Restricted Stock Units converted into common stock on a one-for-one basis.
F2 Each Restricted Stock Unit represents the right to receive, at settlement, one share of Fortrea Holdings Inc. Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock.