Mike Slessor - Aug 27, 2023 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CEO, Director
Signature
By: /s/ Stan Finkelstein, Attorney-in-Fact for Mike Slessor
Stock symbol
FORM
Transactions as of
Aug 27, 2023
Transactions value $
-$269,500
Form type
4
Date filed
8/30/2023, 08:37 PM
Previous filing
Aug 9, 2023
Next filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +16.7K +2.96% $0.00 580K Aug 27, 2023 Direct F1
transaction FORM Common Stock Tax liability -$270K -8.62K -1.49% $31.25 571K Aug 27, 2023 Direct 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 FORM Restricted Stock Units Options Exercise $0 -16.7K -100% $0.00* 0 Aug 27, 2023 Common Stock 16.7K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units vest in three annual installments on each August 27 2021, 2022, 2023 and will be settled into shares of common stock on or following the vesting dates.
F2 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F3 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.