Tim Hwang - Jun 3, 2024 Form 4 Insider Report for FiscalNote Holdings, Inc. (NOTE)

Role: Chairman, CEO and Director, Director, 10%+ Owner
Signature: /s/ Todd Aman, Attorney-in-Fact
Stock symbol: NOTE
Transactions as of: Jun 3, 2024
Transactions value $: -$36,796
Form type: 4
Date filed: 6/5/2024, 04:52 PM
Previous filing: May 3, 2024
Next filing: Jul 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOTE	Class A Common Stock	Sale	-$36.8K	-31K	-1.13%	$1.19	2.72M	Jun 3, 2024	See Footnote	F1, F2
holding	NOTE	Class A Common Stock						49.3K	Jun 3, 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	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.
F2	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.