John S. Chen - 30 Mar 2022 Form 4 Insider Report for FGI Industries Ltd. (FGI)

Signature
/s/ John S. Chen
Issuer symbol
FGI
Transactions as of
30 Mar 2022
Net transactions value
$0
Form type
4
Filing time
01 Apr 2022, 17:56:30 UTC
Previous filing
26 Jan 2022
Next filing
27 Mar 2023

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 FGI Stock Option (right to buy) Award $0 +23,375 $0.000000 23,375 30 Mar 2022 Common Stock 23,375 $3.07 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest as to one-third of the shares on the one-year anniversary of the vesting commencement date. The remaining shares vest in a series of 24 successive equal monthly installments upon completion of each additional month of service (commencing on the vesting commencement date).