Edward Spaniel - May 11, 2022 Form 4 Insider Report for Forian Inc. (FORA)

Role
EVP and General Counsel
Signature
/s/ Edward Spaniel, Jr.
Stock symbol
FORA
Transactions as of
May 11, 2022
Transactions value $
$0
Form type
4
Date filed
5/13/2022, 07:16 PM
Previous filing
Feb 15, 2023
Next filing
Mar 24, 2023

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 FORA Stock Option (right to buy) Award $0 +200K $0.00 200K May 11, 2022 Common Stock 200K $2.98 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests 25% on May 11, 2023 and thereafter the remaining 75% in 12 equal quarterly installments, subject to the Reporting Person's continued service as EVP, General Counsel and Secretary of the Issuer on each applicable vesting date.