Shai Shahar - Aug 1, 2024 Form 4 Insider Report for FORMFACTOR INC (FORM)

Role
CFO, SVP Global Finance
Signature
/s/: Stan Finkelstein, Attorney-in-fact for Shai Shahar
Stock symbol
FORM
Transactions as of
Aug 1, 2024
Transactions value $
-$243,180
Form type
4
Date filed
8/5/2024, 08:28 PM
Previous filing
Jul 25, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FORM Common Stock Options Exercise $0 +5.05K +15.67% $0.00 37.3K Aug 1, 2024 Direct F1, F2
transaction FORM Common Stock Tax liability -$132K -2.8K -7.51% $47.25 34.5K Aug 1, 2024 Direct F3
transaction FORM Common Stock Options Exercise $0 +4.89K +14.18% $0.00 39.4K Aug 2, 2024 Direct F4
transaction FORM Common Stock Tax liability -$111K -2.71K -6.89% $40.90 36.7K Aug 2, 2024 Direct F3

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 -5.05K -50% $0.00 5.05K Aug 1, 2024 Common Stock 5.05K $0.00 Direct F1, F5
transaction FORM Restricted Stock Units Options Exercise $0 -4.89K -100% $0.00* 0 Aug 2, 2024 Common Stock 4.89K $0.00 Direct F4, F5
* 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 1 of 2023, 2024, and 2025 and will be settled into shares of common stocks on or following the vesting dates.
F2 Includes 357 shares acquired from the Issuer's Employee Stock Purchase Plan on July 31, 2024.
F3 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F4 The Restricted Stock Units vest in three annual installments on each August 2 of 2022, 2023 and 2024 and will be settled into shares of common stock on or following the vest dates.
F5 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.