Ph.D. Paul A. Wagner - 01 Apr 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.
Issuer symbol
FBRX
Transactions as of
01 Apr 2024
Net transactions value
-$1,735
Form type
4
Filing time
02 Apr 2024, 18:31:00 UTC
Previous filing
25 Mar 2024
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBRX Common Stock Options Exercise $0 +31,250 +1.7% $0.000000 1,881,627 01 Apr 2024 Direct F1
transaction FBRX Common Stock Tax liability $1,735 -2,453 -0.13% $0.7075 1,879,174 01 Apr 2024 Direct

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 Restricted Stock Units Options Exercise $0 -31,250 -8.3% $0.000000 343,750 01 Apr 2024 Common Stock 31,250 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. Common Stock.
F2 Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each Quarterly Vesting Date (as defined below) on or immediately following February 1, 2023. For purposes of this RSU Award, "Quarterly Vesting Date" with respect to any calendar year means January 1, April 1, July 1, and October 1.

Remarks:

CEO, Secretary and Chair of the Board