Form 4 for GPRO GoPro, Inc.
Accepted 2022-03-21 00:00:00 ET · period of report 2022-03-15 · accession 0001209191-22-020257 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-03-21 | 2022-03-17+ | GPRO | Woodman Family Trust under Trust Agreement dated March 11, 2011 | 10% | G - Gift | $0.00 | +200.0K | 162.8K | New | $0 |
| DM | 2022-03-21 | 2022-03-17+ | GPRO | Woodman Family Trust under Trust Agreement dated March 11, 2011 | 10% | G - Gift | $0.00 | -200.0K | 611.4K | -25% | $0 |
| DMI | 2022-03-21 | 2022-03-17+ | GPRO | Woodman Family Trust under Trust Agreement dated March 11, 2011 | 10% | S - Sale | $8.02 | -200.0K | 0 | -100% | -$1.60M |
| DMI | 2022-03-21 | 2022-03-15 | GPRO | Woodman Family Trust under Trust Agreement dated March 11, 2011 | 10% | G - Gift | $0.00 | -1.18M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-03-17 | G | A | 37,162 | $0.00 | 37,162 | I By The Woodman Family Trust under Trust Agreement dated March 11, 2011 | — | — | (F1) Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011. |
| 2 | Common | Class A Common Stock | 2022-03-17 | G | D | 37,162 | $0.00 | 774,208 | D By The Woodman Family Trust under Trust Agreement dated March 11, 2011 | — | — | (F1) Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011. |
| 3 | Common | Class A Common Stock | 2022-03-18 | G | A | 162,838 | $0.00 | 162,838 | I | — | — | |
| 4 | Common | Class A Common Stock | 2022-03-17 | S | D | 37,162 | $8.00 | 0 | I By The Woodman Family Trust under Trust Agreement dated March 11, 2011 | — | — | (F3) The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.01 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote on this Form 4. (F1) Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011. |
| 5 | Common | Class A Common Stock | 2022-03-18 | S | D | 162,838 | $8.03 | 0 | I | — | — | (F4) The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.08 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote on this Form 4. |
| 6 | Common | Class A Common Stock | 2022-03-18 | G | D | 162,838 | $0.00 | 611,370 | D By The Woodman Family Trust under Trust Agreement dated March 11, 2011 | — | — | (F1) Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011. |
| 7 | Derivative | Class B Common | 2022-03-15 | G | D | 592,030 | $0.00 | 0 | I By Spouse's 2019 GRAT | — · — to — | 592,030 Class A Common Stock | (F7) After the change in form of beneficial ownership described in footnote 6, the Reporting Person indirectly beneficially held 592,030 shares of Issuer Class B Common Stock in each of his 2019 GRAT and his spouse's 2019 GRAT. On March 15, 2022, each of the two GRAT's made a gift of 592,030 shares of Issuer Class B common stock. These gifts subsequently reduced the number of shares of Issuer Class B Common Stock in each 2019 GRAT and thereby the number of shares of Issuer Class B Common Stock indirectly held by the Reporting Person through each GRAT, to zero. (F5) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon certain transfers of such shares. |
| 8 | Derivative | Class B Common Stock | 2022-03-15 | G | D | 592,030 | $0.00 | 0 | I By 2019 GRAT | — · — to — | 592,030 Class A Common Stock | (F7) After the change in form of beneficial ownership described in footnote 6, the Reporting Person indirectly beneficially held 592,030 shares of Issuer Class B Common Stock in each of his 2019 GRAT and his spouse's 2019 GRAT. On March 15, 2022, each of the two GRAT's made a gift of 592,030 shares of Issuer Class B common stock. These gifts subsequently reduced the number of shares of Issuer Class B Common Stock in each 2019 GRAT and thereby the number of shares of Issuer Class B Common Stock indirectly held by the Reporting Person through each GRAT, to zero. (F5) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon certain transfers of such shares. |