Shahir Kassam-Adams - 15 Sep 2023 Form 4 Insider Report for Forian Inc. (FORA)

Role
Director
Signature
/s/ Edward Spaniel, Jr., Attorney-in-Fact
Issuer symbol
FORA
Transactions as of
15 Sep 2023
Net transactions value
+$26,100
Form type
4
Filing time
19 Sep 2023, 17:14:31 UTC
Previous filing
14 Sep 2023
Next filing
28 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORA Common Stock Award $13,050 +5,800 +3.6% $2.25 165,384 15 Sep 2023 By 360 Ventures, LLC F1
transaction FORA Common Stock Award $13,050 +5,800 +3.5% $2.25 171,184 18 Sep 2023 By 360 Ventures, LLC F1, F2
holding FORA Common Stock 5,000 15 Sep 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held directly by 360 Ventures, LLC. The Reporting Person is the manager of 360 Ventures, LLC.
F2 The price represents the weighted average purchase price for multiple transactions reported on this line. The prices of the transactions ranged from $2.22 to $2.25, inclusive. Upon request of the SEC staff or the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.
F3 Includes 2,500 restricted stock units, which vest in two equal annual installments on March 2, 2024 and March 2, 2025, subject to the Reporting Person's continued service as a non-employee director of the Issuer on each applicable vesting date.