Robert Todd Brooks - 20 Mar 2023 Form 4 Insider Report for FALCONSTOR SOFTWARE INC (FALC)

Signature
/s/ Robert Todd Brooks
Issuer symbol
FALC
Transactions as of
20 Mar 2023
Net transactions value
+$2,136
Form type
4
Filing time
22 Mar 2023, 17:00:27 UTC
Previous filing
14 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FALC Common Stock Purchase $2,136 +1,200 +1.4% $1.78 87,146 20 Mar 2023 Direct F1
holding FALC Common Stock 662,376 20 Mar 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.54 to $2.00, inclusive. The Reporting Person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased.
F2 Represents shares of restricted stock units that are subject to vesting.