Adam H. Dublin - Feb 13, 2023 Form 4 Insider Report for Forian Inc. (FORA)

Role
Chief Strategy Officer, Director
Signature
/s/ Edward Spaniel, Jr., Attorney-in-Fact
Stock symbol
FORA
Transactions as of
Feb 13, 2023
Transactions value $
$0
Form type
4
Date filed
2/15/2023, 06:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORA Common Stock Award $0 +200K +8.62% $0.00 2.52M Feb 13, 2023 Direct F1
holding FORA Common Stock 1.83M Feb 13, 2023 Adam Dublin Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 200,000 restricted stock units ("RSU"), which vest in four equal annual installments beginning on February 13, 2024, subject to the Reporting Person's continued employment on each applicable vesting day. In the event of a change in control, all unvested RSUs will vest immediately. RSUs convert into common stock on a one-for-one basis.
F2 These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is co-trustee of the trust.