Kelly Rodriques - 04 Dec 2023 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role: Chief Executive Officer, Director
Signature: /s/ Mark P. Lee, Attorney-in-Fact
Issuer symbol: FRGE
Transactions as of: 04 Dec 2023
Net transactions value: -$157,700
Form type: 4
Filing time: 06 Dec 2023, 21:12:35 UTC
Previous filing: 19 Dec 2023
Next filing: 28 Dec 2023
SEC: View on sec.gov

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	Sale	$157,700	-50,000	-0.47%	$3.15	10,488,420	04 Dec 2023	Direct	F1, F2
holding	FRGE	Common Stock, $0.0001 par value per share						66,945	04 Dec 2023	By Pensco Trust Co. LLC Custodian FBO Kelly Rodriques Roth IRA
holding	FRGE	Common Stock, $0.0001 par value per share						1,596,734	04 Dec 2023	By Operative Capital SPV I, LLC	F3
holding	FRGE	Common Stock, $0.0001 par value per share						677,733	04 Dec 2023	By Operative Capital LP	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents shares sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2	This transaction was executed in multiple trades at prices ranging from $3.03 to $3.30. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3	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.