Sheri Rhodes - May 19, 2023 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
Director
Signature
By: Shai Shahar, Attorney-in-Fact For: Sheri Rhodes
Stock symbol
FORM
Transactions as of
May 19, 2023
Transactions value $
$0
Form type
4
Date filed
5/30/2023, 08:36 PM
Previous filing
Jun 1, 2022
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Award $0 +6.77K +47.73% $0.00 21K May 19, 2023 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units ("RSUs") pursuant to a grant approved by the Board in March 2023.
F2 Restricted Stock Units Vest and become exercisable on May 19, 2024. Settlements of vested units into common stock will occur on the earlier of May 19, 2024 or the date the reporting person ceases to provide service to the Issuer, and thereafter on the first market trading day if the applicable date is not a market trading day.
F3 If the reporting person ceases to provide services to the Issuer for any reason, all Restricted Stock Units that have not yet vested shall be forfeited without consideration except as provided in our Equity Grant Policy for Outside Directors and any other agreements between the reporting person and Issuer, regarding award vesting and exercisability.
F4 The reported transaction involved the reporting person's receipt of a grant of 6,770 RSUs. The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 6,770 newly awarded RSUs, 4,833 RSUs previously reported in Table II, 4,833 of which vested on May 27, 2023, and 9,350 shares of common stock.