Drew Sievers - Jan 31, 2024 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role
Chief Operating Officer
Signature
/s/ Mark P. Lee, Attorney-in-Fact
Stock symbol
FRGE
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
7/12/2024, 07:34 PM
Previous filing
Jan 18, 2024
Next filing
Feb 14, 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 Disposed to Issuer $0 -18.5K -2.04% $0.00 887K Jan 31, 2024 Direct F1
transaction FRGE Common Stock, $0.0001 par value per share Tax liability $0 -15.1K -1.71% $0.00 872K Jul 10, 2024 Direct F2
holding FRGE Common Stock, $0.0001 par value per share 1.6M Jan 31, 2024 By Operative Capital SPV I, LLC F3
holding FRGE Common Stock, $0.0001 par value per share 689K Jan 31, 2024 By Operative Capital LP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported, the Reporting Person was granted restricted stock units ("RSUs") on April 24, 2023 with performance-based vesting conditions. The amount reported here reflects the forfeiture of certain of such RSUs following certification by the Board of Directors of the Issuer on January 31, 2024 of the extent of achievement of such performance conditions.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.
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 such entities except to the extent of his pecuniary interest therein, if any.