| Accession Number: | 0001140361-22-019197 |
| Date: | 2022-05-11 |
| Issuer: | FORIAN INC. (FORA) |
| Original Submission Date: |
SPANIEL EDWARD FRANCIS JR
C/O FORIAN INC.
41 UNIVERSITY AVE., SUITE 400
NEWTOWN, PA 18940
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY) | 2.98 | 2022-05-11 | deemed execution date | A | 200,000 (a) | 2032-05-11 | common stock 200,000 | $2.98 | 200,000 | direct |
| ID | footnote |
|---|---|
| f1 | the stock option vests 25% on may 11, 2023 and thereafter the remaining 75% in 12 equal quarterly installments, subject to the reporting person's continued service as evp, general counsel and secretary of the issuer on each applicable vesting date. |
