Stephen J. George - Jun 14, 2023 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Director
Signature
/s/ Mark P. Lee, Attorney-in-Fact
Stock symbol
FRGE
Transactions as of
Jun 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 09:25 PM
Previous filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRGE Common Stock, $0.0001 par value per share Award $0 +111K +462.96% $0.00 135K Jun 14, 2023 Direct F1, F2
holding FRGE Common Stock, $0.0001 par value per share 2.96M Jun 14, 2023 Panorama Growth Partners II, LP F3
holding FRGE Common Stock, $0.0001 par value per share 1.43M Jun 14, 2023 Panorama Equidate Co-Investment, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units ("RSUs") granted under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan (the "Plan"). Each RSU represents a right to receive one share of the Issuer's common stock. Subject to the Reporting Person's continued Service Relationship (as defined in the Plan) through each applicable vesting date, 1/4th of the shares subject to the award shall vest and settle on the first Quarterly Vesting Date occurring after the grant date and each Quarterly Vesting Date thereafter, or as soon as practicable following such applicable vesting date. Quarterly Vesting Dates are defined as March 1, June 1, September 1, and December 1 of a given year.
F2 All of these securities consist of RSUs.
F3 Includes 2,957,103 shares of common stock held by Panorama Growth Partners II, LP and 1,434,124 shares of common stock held by Panorama Equidate Co-Investment, LLC. Panorama Point Partners GP II, LLC, an entity which is managed by the Reporting Person, is the general partner of Panorama Growth Partners II, LP. Panorama Point Partners, LLC, an entity which the Reporting Person is the controlling manager, is the manager of Panorama Equidate Co-Investment, LLC. The Reporting Person disclaims beneficial ownership of all securities held by Panorama Growth Partners II, LP and Panorama Equidate Co-Investment, LLC except to the extent of his pecuniary interest therein.