0001209191-22-057316.txt : 20221116
0001209191-22-057316.hdr.sgml : 20221116
20221116163016
ACCESSION NUMBER: 0001209191-22-057316
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221114
FILED AS OF DATE: 20221116
DATE AS OF CHANGE: 20221116
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ARC Family Trust
CENTRAL INDEX KEY: 0001857126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40350
FILM NUMBER: 221395524
BUSINESS ADDRESS:
STREET 1: 9020 N CAPITAL OF TEXAS HWY, SUITE I-260
CITY: AUSTIN
STATE: TX
ZIP: 78759
BUSINESS PHONE: (907) 312-0717
MAIL ADDRESS:
STREET 1: 9020 N CAPITAL OF TEXAS HWY, SUITE I-260
CITY: AUSTIN
STATE: TX
ZIP: 78759
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FTC Solar, Inc.
CENTRAL INDEX KEY: 0001828161
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 814816270
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9020 N CAPITAL OF TEXAS HWY, SUITE I-260
CITY: AUSTIN
STATE: TX
ZIP: 78759
BUSINESS PHONE: (907) 312-0717
MAIL ADDRESS:
STREET 1: 9020 N CAPITAL OF TEXAS HWY, SUITE I-260
CITY: AUSTIN
STATE: TX
ZIP: 78759
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-11-14
0
0001828161
FTC Solar, Inc.
FTCI
0001857126
ARC Family Trust
20 MONTCHANIN ROAD, SUITE 100
GREENVILLE
DE
19807
0
0
1
0
Common Stock
2022-11-14
4
S
0
50000
2.32
D
16555357
D
Common Stock
2022-11-15
4
S
0
50000
2.47
D
16505357
D
Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.23 to $2.65. 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.
The ARC Family Trust was established by Ahmad Chatila, a member of the Issuer's board of directors, for the benefit of certain members of his family. Shaker Sadasivam, a member of the Issuer's board of directors, is the trustee of the ARC Family Trust and has sole voting and dispositive power with respect to these securities. Mr. Sadasivam 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.
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $2.38 to $2.68. 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.
/s/ Jacob D. Wolf, as Attorney-in-Fact
2022-11-16