Sasan Aminpour - 03 Mar 2023 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role: Chief Operating Officer
Signature: /s/ Jacob D. Wolf, as Attorney-in-Fact
Issuer symbol: FTCI
Transactions as of: 03 Mar 2023
Net transactions value: -$14,600
Form type: 4
Filing time: 03 Mar 2023, 16:37:43 UTC
Previous filing: 03 Mar 2023
Next filing: 08 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FTCI	Common Stock	Sale	$14,600	-5,000	-0.52%	$2.92	963,798	03 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.92 to $2.925. 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. The shares were sold in order to satisfy tax obligations payable upon the settlement of the restricted stock units previously granted to the Reporting Person in exchange for the Reporting Person's agreement with the Issuer to forego his cash bonus earned for the fourth quarter of 2022.

Content

Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.92 to $2.925. 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. The shares were sold in order to satisfy tax obligations payable upon the settlement of the restricted stock units previously granted to the Reporting Person in exchange for the Reporting Person's agreement with the Issuer to forego his cash bonus earned for the fourth quarter of 2022.