Mike Slessor - May 7, 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CEO, Director
Signature
/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor
Stock symbol
FORM
Transactions as of
May 7, 2024
Transactions value $
-$118,111
Form type
4
Date filed
5/8/2024, 08:03 PM
Previous filing
May 2, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +5.91K +1.2% $0.00 498K May 7, 2024 Direct
transaction FORM Common Stock Tax liability -$118K -2.11K -0.42% $56.03 496K May 7, 2024 Direct F1

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 FORM Restricted Stock Units Options Exercise $0 -5.91K -10% $0.00 53.2K May 7, 2024 Common Stock 5.91K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 The Restricted Stock Units vest in twelve (12) quarterly installments beginning on November 7, 2023 and end on August 7, 2026 and will be settled into shares of common stocks on or following the vesting date.
F3 If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.