Form 4 for GOOGL Alphabet Inc. (Class A)

Accepted 2023-01-06 19:48:31 ET · period of report 2023-01-05 · accession 0001209191-23-002483 · 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
	2023-01-06 19:48	2023-01-05	GOOGL	Pichai Sundar	CEO, Dir	A - Grant	$0.00	+1.33M	3.22M	+70%	$0
	2023-01-06 19:48	2023-01-05	GOOGL	Pichai Sundar	CEO, Dir	F - Tax	$88.71	-657.9K	2.57M	-20%	-$58.36M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class C Capital Stock	2023-01-05	A	A	1,330,260	$0.00	3,223,083	D	—	—	(F1) The shares were acquired upon the certification by the Leadership Development, Inclusion and Compensation Committee of Alphabet Inc. for the satisfaction of performance criteria underlying a previously-made award of performance stock units ("PSUs") granted to the Reporting Person on December 19, 2019 under the terms of Alphabet's Amended and Restated 2012 Stock Plan and applicable PSU award agreement. Mr. Pichai's Tranche B award provides that if Alphabet's total shareholder return (relative to S&P 100 companies) ("TSR" ) performance is between the 50th percentile (for 100% payout) and 75th percentile (for the maximum 200% payout) for the three-year performance period ending December 31, 2022, the PSU payout will be determined by linear interpolation. Alphabet's TSR for the three-year performance period was 47.53%, which ranked Alphabet's TSR at the 73.20th percentile, resulting in a payout of 192.78% or 1,330,260 shares.
2	Common	Class C Capital Stock	2023-01-05	F	D	657,904	$88.71	2,565,179	D	—	—	(F2) Shares withheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.