James H. Herbert II - Aug 30, 2022 Form 4 Insider Report for Forge Global Holdings, Inc. (FRGE)

Role: Director
Signature: /s/ Mark P. Lee, Attorney-in-Fact
Stock symbol: FRGE
Transactions as of: Aug 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/1/2022, 05:03 PM
Previous filing: Apr 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRGE	Common Stock, $0.0001 par value per share	Award	$0	+24K		$0.00	24K	Aug 30, 2022	Direct	F1
holding	FRGE	Common Stock, $0.0001 par value per share						487K	Aug 30, 2022	James and Cecillia Herbert 1994 Revocable Trust

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

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units granted under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan (the "Plan"). Each unit represents a right to receive one share of the Issuer's Common Stock. Subject to the Reporting Person's continued Service Relationship (as defined in the Plan) through each applicable vesting date, 1/12th of the shares subject to the award shall vest and settle beginning on the first Quarterly Vesting Date occurring after the date the Reporting Person's service as a non-employee member of the Board of Directors of the Issuer commenced and each Quarterly Vesting Date thereafter, or as soon as practicable following such applicable vesting date. Quarterly Vesting Dates are defined as March 1, June 1, September 1, and December 1 of a given year.

Content

These shares represent restricted stock units granted under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan (the "Plan"). Each unit represents a right to receive one share of the Issuer's Common Stock. Subject to the Reporting Person's continued Service Relationship (as defined in the Plan) through each applicable vesting date, 1/12th of the shares subject to the award shall vest and settle beginning on the first Quarterly Vesting Date occurring after the date the Reporting Person's service as a non-employee member of the Board of Directors of the Issuer commenced and each Quarterly Vesting Date thereafter, or as soon as practicable following such applicable vesting date. Quarterly Vesting Dates are defined as March 1, June 1, September 1, and December 1 of a given year.