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organization · Reporting owner

ARC Family Trust

Disclosed activity across 1 company

Tapewire entity
109649
SEC CIK
0001857126

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
FTC Solar, Inc.FTCI · Entity 735310% ownerSeptember 14, 2023September 15, 2023

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

FTC Solar, Inc.

Report date September 14, 2023 · Filed September 15, 2023

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect11,890,857 Reported balance After 2023-09-14 transaction · row 1 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 1 · 2023-09-14 · Sale · Disposed 50,000 · Balance 11,890,857

F2: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $1.32 to $1.45. 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.

F1: Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2023.

F3: 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.

Filing footnotes · ownership attribution and instrument terms

F1: Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2023.

F2: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $1.32 to $1.45. 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.

F3: 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.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
April 08, 2022 Filed Apr 11, 2022 20:30 UTC FTC Solar, Inc. FTCI · Entity 7353 SaleCommon Stock 92,000 $3.86 $355,120.00
Disclosure

SEC source: 0000899243-22-014436 · doc4.xml · nonDerivative · entry 2

ARC Family Trust · CIK 0001857126 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,757,357

F4 · price: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.69 to $4.32. 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.

F1 · acquired: Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.

F3 · ownership.direct: 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.

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April 07, 2022 Filed Apr 11, 2022 20:30 UTC FTC Solar, Inc. FTCI · Entity 7353 SaleCommon Stock 92,000 $4.58 $421,360.00
Disclosure

SEC source: 0000899243-22-014436 · doc4.xml · nonDerivative · entry 1

ARC Family Trust · CIK 0001857126 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,849,357

F2 · price: Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $4.41 to $4.81. 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.

F1 · acquired: Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.

F3 · ownership.direct: 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.

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April 30, 2021 Filed May 4, 2021 21:24 UTC FTC Solar, Inc. FTCI · Entity 7353 OtherCommon Stock 563,150 $12.16 $6,845,088.25
Disclosure

SEC source: 0001209191-21-029968 · doc4.xml · nonDerivative · entry 1

ARC Family Trust · CIK 0001857126 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,941,357

F1 · kind: On April 30, 2021 the Issuer used a portion of the net proceeds from the closing of its initial public offering ("IPO") of Common Stock to purchase Common Stock from certain of the Issuer's pre-IPO equityholders, including the Reporting Person.

F2 · ownership.direct: 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.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.