Hwang Tim sold NOTE

February 1, 2024 · Form 4 insider transaction

Hwang Tim sold 30,131 shares of FiscalNote Holdings, Inc. at $1.39 per share, a transaction worth $41.9K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 33 days after the transaction.

Direction
Disposed (sell-side)
Shares
30,131
Price
$1.39
Total value
$41.9K
InsiderHwang Tim
RoleOfficer, Director, 10% owner
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 1, 2024
Filing dateMarch 5, 2024
Shares owned after2,838,283
OwnershipIndirect
10b5-1 planYes
AmendedNo

Footnotes

Represents shares of the Issuer's Class A Common Stock sold to satisfy the reporting person's tax obligation upon the vesting of 89,832 restricted stock units in a sell-to-cover transaction pursuant to a Rule 10b5-1 trading plan adopted on August 11, 2023.; These securities are beneficially owned by Timothy T. Hwang, as Trustee of the Timothy T. Hwang Revocable Trust, originally dated January 10, 2019. The Reporting Person is trustee of this trust.

View the original Form 4 on SEC EDGAR