Mike Slessor - 23 Jul 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Jul 2024, 17:16:50 UTC
Prior SEC filing
02 Jul 2024
Next SEC filing
05 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor

Key filing fact

Mike Slessor filed Form 4 for FORMFACTOR INC (FORM) on 25 Jul 2024.

Key facts

  • This page summarizes Mike Slessor's Form 4 filing for FORMFACTOR INC (FORM).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Jul 2024, 17:16.

Change

  • Previous filing in this sequence was filed on 02 Jul 2024.
  • Current net transaction value: -$2,970,084.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FORM transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+88,902
Change %
+18%
Price
$0.000000
Shares after
576,483
Date
23 Jul 2024
Ownership
Direct
Footnotes
F1
FORM transaction

Common Stock

Tax liability

Transaction value
$2,970,084
Shares
-49,296
Change %
-8.6%
Price
$60.25
Shares after
527,187
Date
23 Jul 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FORM transaction Derivative

Performance-based Restricted Stock Units

Award

Transaction value
$0
Shares
+88,902
Change %
Price
$0.000000
Shares after
88,902
Date
23 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
88,902
Exercise price
$0.000000
Footnotes
F1
FORM transaction Derivative

Performance-based Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-88,902
Change %
-100%
Price
$0.000000*
Shares after
0
Date
23 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
88,902
Exercise price
$0.000000
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These performance-based restricted stock units (the "PRSUs") were granted on August 2, 2021, subject to the satisfaction of certain performance criteria and certification by the compensation committee of the Issuer's Board of Directors (the Compensation Committee). On July 23, 2024, the Compensation Committee certified the achievement of the performance criteria, resulting in vesting and settlement of 88,902 shares with respect to the PRSUs.

Footnote F2

Represents the number of shares withheld upon vesting and settlement of the PRSUs to cover tax withholding obligations.

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