Shai Shahar - May 6, 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CFO, SVP Global Finance
Signature
Stan Finkelstein, attorney-in-fact for Shai Shahar
Stock symbol
FORM
Transactions as of
May 6, 2024
Transactions value $
-$715,945
Form type
4
Date filed
5/8/2024, 05:02 PM
Previous filing
Mar 5, 2024
Next filing
Jul 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Sale -$37.1K -680 -2.46% $54.60 26.9K May 6, 2024 Direct F1
transaction FORM Common Stock Sale -$280K -5.15K -19.13% $54.38 21.8K May 6, 2024 Direct F2
transaction FORM Common Stock Sale -$340K -6.09K -28% $55.76 15.7K May 7, 2024 Direct F3
transaction FORM Common Stock Options Exercise $0 +2.96K +18.86% $0.00 18.6K May 7, 2024 Direct
transaction FORM Common Stock Tax liability -$59.1K -1.06K -5.66% $56.03 17.6K May 7, 2024 Direct F4

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 -2.96K -10% $0.00 26.6K May 7, 2024 Common Stock 2.96K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $54.58 through $54.63. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $54.31 through $54.4902. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $55.74 through $55.81. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F5 The Restricted Stock Units vest in twelve (12) quarterly installments beginning on November 7, 2023 and ending on February 7, 2026 and will be settled into shares of common stocks on or following the vesting dates.
F6 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.