0001209191-22-062340.txt : 20221221 0001209191-22-062340.hdr.sgml : 20221221 20221221163017 ACCESSION NUMBER: 0001209191-22-062340 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220823 FILED AS OF DATE: 20221221 DATE AS OF CHANGE: 20221221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cook Patrick CENTRAL INDEX KEY: 0001855935 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40350 FILM NUMBER: 221478769 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/A 1 doc4a.xml FORM 4/A SUBMISSION X0306 4/A 2022-08-23 2022-08-24 0 0001828161 FTC Solar, Inc. FTCI 0001855935 Cook Patrick C/O FTC SOLAR, INC. 9020 N CAPITAL OF TEXAS HWY, SUITE I-260 AUSTIN TX 78759 0 1 0 0 Chief Commercial Officer Common Stock 2022-08-23 4 M 0 37832 0.475 A 296230 D Common Stock 2022-08-23 4 S 0 37832 4.31 D 258398 D Common Stock 94295 I By Trust Common Stock 94295 I By Trust Employee Stock Options (right to buy) 0.475 2022-08-23 4 M 0 37832 0.00 D 2029-07-25 Common Stock 37832 737000 D The common stock reported on this line of this Form 4 was issued as a result of the exercise of employee stock options. Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $4.25 to $4.35. 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. These shares are owned directly by the Patrick Cook 2021 Trust for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee of the trust and (b) has sole voting and dispositive power with respect to the shares held by the trust. The Reporting Person's spouse has sole power to acquire for herself any assets held in the trust, including the shares, by substituting other property of equivalent value. 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. These shares are owned directly by the Cook 2021 Family Trust for the benefit of the Reporting Person's children. The Reporting Person (a) is the sole investment adviser of the trust, (b) has sole power to direct the trustee as to the voting and disposition of 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. 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. 927,750 of the options are fully vested and exercisable as of August 23, 2022, and the remaining 309,250 options will vest in monthly installments until July 29, 2023. This Form 4/A amends and restates the original Form 4 filed by the Reporting Person on August 24, 2022 (the "Original Form 4"), which inadvertently excluded the exercise of a stock option on August 23, 2022. This amendment reports such exercise and corrects the number of shares beneficially owned after the sale of shares reported in the Original Form 4. This Form 4/A is also deemed to update the amount of common stock reported as beneficially owned by the Reporting Person in subsequently filed Forms 4 after the date of the Original Form 4 filing. /s/ Jacob D. Wolf, as Attorney-in-Fact 2022-12-21