Gerald Yao - 07 Feb 2023 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Role
Chief Strategy Officer and Director, Director
Signature
/s/ Todd Aman, Attorney-in-Fact
Issuer symbol
NOTE
Transactions as of
07 Feb 2023
Net transactions value
-$5,274
Form type
4
Filing time
09 Feb 2023, 18:07:17 UTC
Previous filing
11 Jan 2023
Next filing
09 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTE Class A Common Stock Award $0 +15,000 +17% $0.000000 101,971 07 Feb 2023 Gerald Yao Revocable Trust, Dated January 10, 2019 F1, F2
transaction NOTE Class A Common Stock Tax liability $5,274 -1,465 -1.4% $3.60 100,506 07 Feb 2023 Gerald Yao Revocable Trust, Dated January 10, 2019 F2, 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 +15,000 $0.000000 15,000 07 Feb 2023 Class A Common Stock 15,000 $3.60 Gerald Yao Revocable Trust, Dated January 10, 2019 F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of Class A Common Stock. These Restricted Stock Units ("RSUs") vest over 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.
F2 The Reporting Person is Trustee of this Trust.
F3 Represents shares of the issuer's Class A Common Stock withheld to satisfy the reporting person's tax obligation upon the vesting of 2,742 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.

Remarks:

Chief Strategy Officer and Director