Key facts
- This page summarizes Mike Slessor's Form 4 filing for FORMFACTOR INC (FORM).
- 11 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 05 Aug 2024, 19:53.
Mike Slessor - 01 Aug 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)
- Reporting relationship
- CEO, Director
- Issuer ticker
- FORM
- Reported as of
- 01 Aug 2024
- Net transaction value
- -$888,723
- SEC form
- 4
- Accepted by SEC
- 05 Aug 2024, 19:53:09 UTC
- Prior SEC filing
- 25 Jul 2024
- Next SEC filing
- 09 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mike Slessor filed Form 4 for FORMFACTOR INC (FORM) on 05 Aug 2024.
Change
- Previous filing in this sequence was filed on 25 Jul 2024.
- Current net transaction value: -$888,723.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FORM
transaction
Common Stock
Sale
- Transaction value
- $50,445
- Shares
- -1,038
- Change %
- -0.2%
- Price
- $48.60
- Shares after
- 526,149
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2
FORM
transaction
Common Stock
Sale
- Transaction value
- $69,844
- Shares
- -1,389
- Change %
- -0.26%
- Price
- $50.28
- Shares after
- 524,760
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F3
FORM
transaction
Common Stock
Sale
- Transaction value
- $24,157
- Shares
- -471
- Change %
- -0.09%
- Price
- $51.29
- Shares after
- 524,289
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F4
FORM
transaction
Common Stock
Sale
- Transaction value
- $421
- Shares
- -8
- Change %
- -0%
- Price
- $52.62
- Shares after
- 524,281
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F1
FORM
transaction
Common Stock
Sale
- Transaction value
- $58,861
- Shares
- -1,094
- Change %
- -0.21%
- Price
- $53.80
- Shares after
- 523,187
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F5
FORM
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +14,427
- Change %
- +2.8%
- Price
- $0.000000
- Shares after
- 537,614
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F6
FORM
transaction
Common Stock
Tax liability
- Transaction value
- $378,000
- Shares
- -8,000
- Change %
- -1.5%
- Price
- $47.25
- Shares after
- 529,614
- Date
- 01 Aug 2024
- Ownership
- Direct
- Footnotes
- F7
FORM
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +13,536
- Change %
- +2.6%
- Price
- $0.000000
- Shares after
- 543,150
- Date
- 02 Aug 2024
- Ownership
- Direct
- Footnotes
- F8
FORM
transaction
Common Stock
Tax liability
- Transaction value
- $306,995
- Shares
- -7,506
- Change %
- -1.4%
- Price
- $40.90
- Shares after
- 535,644
- Date
- 02 Aug 2024
- Ownership
- Direct
- Footnotes
- F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FORM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -14,427
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 14,426
- Date
- 01 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 14,427
- Exercise price
- $0.000000
- Footnotes
- F6, F9
FORM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -13,536
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 02 Aug 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,536
- Exercise price
- $0.000000
- Footnotes
- F8, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 9 footnotes
Footnote F1
The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2023.
Footnote F2
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $48.23 through $48.95. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Footnote F3
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $50.11 through $50.74. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Footnote F4
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $51.13 through $51.61. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Footnote F5
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $53.625 through $54.46. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Footnote F6
The Restricted Stock Units vest in three annual installments on each August 1 of 2023, 2024 and 2025 and will be settled into shares of common stocks on or following the vesting dates.
Footnote F7
Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
Footnote F8
The Restricted Stock Units vest in three annual installments on each August 2 of 2022, 2023 and 2024 and will be settled into shares of common stocks on or following the vesting dates.
Footnote F9
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.