Sean Hunkler - Jan 5, 2023 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Signature
/s/ Jacob D. Wolf, as Attorney-in-Fact
Stock symbol
FTCI
Transactions as of
Jan 5, 2023
Transactions value $
-$136,981
Form type
4
Date filed
1/9/2023, 03:30 PM
Previous filing
Dec 8, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTCI Common Stock Sale -$137K -53.3K -8.11% $2.57 604K Jan 5, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a sale (i) pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and (ii) in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units previously granted to the Reporting Person in exchange for the Reporting Person's agreement with the Issuer to forego a portion of his cash salary from July 1, 2022 until December 31, 2022.
F2 Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.515 to $2.65. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.