Kelly Rodriques - Jun 15, 2023 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role: Chief Executive Officer, Director
Signature: /s/ Mark P. Lee, Attorney-in-Fact
Stock symbol: FRGE
Transactions as of: Jun 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/20/2023, 08:07 PM
Previous filing: Jun 20, 2023
Next filing: Sep 6, 2023

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	+2.34M	+28.01%	$0.00	10.7M	Jun 15, 2023	Direct	F1
holding	FRGE	Common Stock, $0.0001 par value per share						66.9K	Jun 15, 2023	By Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA
holding	FRGE	Common Stock, $0.0001 par value per share						678K	Jun 15, 2023	By Operative Capital LP	F2
holding	FRGE	Common Stock, $0.0001 par value per share						1.6M	Jun 15, 2023	By Operative Capital SPV I, LLC	F2

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	FRGE	Options	Other	$0	-3.12M	-100%	$0.00^*	0	Jun 15, 2023	Common Stock, $0.0001 par value per share	3.12M	$3.98	Direct	F3
holding	FRGE	Warrants						3.83K	Jun 15, 2023	Common Stock, $0.0001 par value per share	3.83K	$3.98	Direct
holding	FRGE	Warrants						25.1K	Jun 15, 2023	Common Stock, $0.0001 par value per share	25.1K	$3.98	By Operative Capital LP	F2
holding	FRGE	Warrants						6.28K	Jun 15, 2023	Common Stock, $0.0001 par value per share	6.28K	$3.98	By Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA

* 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 unit represents a right to receive one share of the Issuer's common stock. The Issuer's stockholders approved the grant of this award at the Issuer's Annual Stockholder Meeting held on June 14, 2023 (the "Annual Meeting"), with such grant to be effective on the first calendar date following the date of stockholder approval. Subject to the Reporting Person's continued Service Relationship (as defined in the Plan) through the applicable vesting date, up to 100% of the RSUs subject to this award are eligible to vest if the Company achieves three separate stock-price performance metrics.
F2	The Reporting Person is a managing member of the ultimate general partner of each of Operative Capital LP and Operative Capital SPV I, LLC and thus may be deemed to be the beneficial owner of the shares held by such entities. The Reporting Person disclaims beneficial ownership of all securities held by Operative LP and Operative SPV 1 except to the extent of his pecuniary interest therein, if any.
F3	The Issuer's stockholders approved the cancellation of this performance stock option award at the Annual Meeting, with such cancellation to be effective on the first calendar date following the date of stockholder approval.