Paul Kim - 23 Feb 2023 Form 4 Insider Report for Fulgent Genetics, Inc. (FLGT)

Role
CFO and Treasurer
Signature
/s/ Paul Kim
Issuer symbol
FLGT
Transactions as of
23 Feb 2023
Net transactions value
-$23,453
Form type
4
Filing time
27 Feb 2023, 16:21:31 UTC
Previous filing
17 Feb 2023
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLGT Common Stock Award $0 +2,142 +0.97% $0.000000 223,185 23 Feb 2023 Direct F1
transaction FLGT Common Stock Award $0 +14,218 +6.4% $0.000000 237,403 23 Feb 2023 Direct F2
transaction FLGT Common Stock Tax liability $23,453 -741 -0.31% $31.65 236,662 23 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 28, 2022.
F2 Restricted stock units. The shares subject to the restricted stock units vest over a period of three years, with 1/3rd of such shares vesting 12 months after February 23, 2023, and 1/12th of such shares vesting at the end of every three month period thereafter over the remaining 24 months, subject to continued service for Issuer on each vesting date.
F3 The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 28, 2022.