Jennifer Phillips - Apr 24, 2023 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Chief Growth Officer
Signature
/s/ Mark P. Lee, Attorney-in-Fact
Stock symbol
FRGE
Transactions as of
Apr 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/18/2024, 08:42 PM
Previous filing
Dec 28, 2023
Next filing
Jan 18, 2024

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 +92.6K +31.49% $0.00 387K Apr 24, 2023 Direct F1
transaction FRGE Common Stock, $0.0001 par value per share Award $0 +30.9K +7.98% $0.00 417K Apr 24, 2023 Direct F2
transaction FRGE Common Stock, $0.0001 par value per share Award $0 +370K +88.72% $0.00 788K Apr 24, 2023 Direct F3
transaction FRGE Common Stock, $0.0001 par value per share Award $0 +123K +15.67% $0.00 911K Apr 24, 2023 Direct F4
* 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. 100% of the RSUs shall vest on January 1, 2024, subject to the Reporting Person continuing to be a service provider through such date.
F2 These shares represent RSUs granted under the Plan. Each unit represents a right to receive one share of the Issuer's Common Stock. Up to 100% of the RSUs shall vest (the "Eligible RSUs") based on the achievement of Issuer performance conditions over the Issuer's fiscal year ending December 31, 2023 (the "Fiscal Year 2023"). The Eligible RSUs shall vest no later than March 1, 2024, subject to the Reporting Person continuing to be a service provider through such date.
F3 These shares represent RSUs granted under the Plan. Each unit represents a right to receive one share of the Issuer's Common Stock. 1/3rd of the RSUs shall vest on January 1, 2024, and the remaining RSUs shall vest over 24 equal monthly installments thereafter, subject to the Reporting Person continuing to be a service provider through such date.
F4 These shares represent RSUs granted under the Plan. Each unit represents a right to receive one share of the Issuer's Common Stock. Up to 100% of the Eligible RSUs shall vest based on the achievement of Issuer performance conditions over the Fiscal Year 2023. 1/3rd of the Eligible RSUs shall vest no later than March 1, 2024 (the "Initial Vesting Date"), and the remaining Eligible RSUs shall vest over 24 equal monthly installments thereafter, subject to the Reporting Person continuing to be a service provider through each such date; provided that any monthly installments of Eligible RSUs pre-dating the Initial Vesting Date shall also vest on the Initial Vesting Date.