Vlad Eidelman - Jan 19, 2023 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Signature
/s/ Todd Aman, Attorney-in-Fact
Stock symbol
NOTE
Transactions as of
Jan 19, 2023
Transactions value $
-$4,921
Form type
4
Date filed
2/9/2023, 05:47 PM
Previous filing
Jan 11, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTE Class A Common Stock Award $0 +20K +7.25% $0.00 296K Jan 19, 2023 Direct F1
transaction NOTE Class A Common Stock Award $0 +36K +12.16% $0.00 332K Feb 7, 2023 Direct F2
transaction NOTE Class A Common Stock Tax liability -$4.92K -1.37K -0.41% $3.60 331K Feb 7, 2023 Direct F3

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 NOTE Employee Stock Options (Right to Buy) Award $0 +36K $0.00 36K Feb 7, 2023 Class A Common Stock 36K $3.60 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. These shares were granted pursuant to the terms of Mr. Eidelman's employment agreement and are vested effective immediately.
F2 Each RSU represents a contingent right to receive one share of Class A Common Stock. These RSUs will vest over a period of three years. One-third (1/3rd) of the RSUs will vest on the one-year anniversary of February 7, 2023, with the remainder vesting ratably each fiscal quarter thereafter.
F3 Represents shares of the issuer's Class A Common Stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2,415 restricted stock units.
F4 These Stock Options (the "Options") vest over a four year period as follows: One-fourth (1/4th) of the Options will vest on the one-year anniversary of February 7, 2023, with the remainder vesting ratably each fiscal quarter thereafter.