Filing Details

Accession Number:
0000899243-22-032199
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-28 18:11:21
Reporting Period:
2022-09-26
Accepted Time:
2022-09-28 18:11:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1828161 Ftc Solar Inc. FTCI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1684056 David Springer C/O Ftc Solar Inc.
9020 N Capital Of Texas Hwy, Suite I-260
Austin TX 78759
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-09-26 62,370 $3.18 6,475,418 No 4 S Direct
Common Stock Disposition 2022-09-26 2,310 $3.18 347,690 No 4 S Indirect By Trust
Common Stock Disposition 2022-09-26 2,310 $3.18 347,690 No 4 S Indirect By Trust
Common Stock Disposition 2022-09-26 2,310 $3.18 347,690 No 4 S Indirect By Trust
Common Stock Disposition 2022-09-27 62,306 $3.17 6,413,112 No 4 S Direct
Common Stock Disposition 2022-09-27 2,307 $3.17 345,383 No 4 S Indirect By Trust
Common Stock Disposition 2022-09-27 2,307 $3.17 345,383 No 4 S Indirect By Trust
Common Stock Disposition 2022-09-27 2,308 $3.17 345,382 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,168,501 Indirect By Trust
Common Stock 1,200,000 Indirect By Trust
Common Stock 329,866 Indirect By Trust
Footnotes
  1. Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.
  2. Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.06 to $3.35. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
  3. Reflects shares contributed by the DS 2021 GRAT to the Reporting Person, which was exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
  4. These shares are owned directly by the ZS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the ZS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
  5. These shares are owned directly by the NS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the NS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
  6. These shares are owned directly by the AS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the AS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
  7. Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.06 to $3.345. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
  8. These shares are owned directly by the DS 2021 GRAT for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee, (b) has sole voting and dispositive power with respect to the shares held by the trust and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the DS 2021 GRAT. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
  9. These shares are owned directly by the DS 2022 GRAT for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee, (b) has sole voting and dispositive power with respect to the shares held by the trust and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the DS 2022 GRAT. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
  10. These shares are owned directly by the KC 2021 Trust for the benefit of the Reporting Person's fiancee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.