Paul A. Wagner - Mar 21, 2024 Form 4 Insider Report for Forte Biosciences, Inc. (FBRX)

Role
CEO, Secretary and Chair of the Board, Director
Signature
/s/ Paul A. Wagner, Ph.D.
Stock symbol
FBRX
Transactions as of
Mar 21, 2024
Transactions value $
$0
Form type
4
Date filed
3/25/2024, 04:07 PM
Previous filing
Jan 3, 2024
Next filing
Apr 2, 2024

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 FBRX Stock Option (right to buy) Award $0 +1.1M $0.00 1.1M Mar 21, 2024 Common Stock 1.1M $0.69 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to be a Service Provider (as defined in the amended and restated 2021 Equity Incentive Plan) through each applicable vesting date, twenty five percent (25%) of the shares subject to the option shall vest on the one year anniversary of the Vesting Commencement Date and one forty-eighth (1/48th) of the total shares subject to the option shall vest every month thereafter such that all shares shall be fully vested on the four year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean March 21, 2024.

Remarks:

CEO, Secretary and Chair of the Board