Form 4 for FSLY Fastly, Inc.
Accepted 2023-11-06 00:00:00 ET · period of report 2023-11-02 · accession 0001517413-23-000309 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-11-06 | 2023-11-02 | FSLY | Bergman Artur | Chief Architect, Dir | S - Sale | $16.75 | -17.5K | 6.39M | -0.3% | -$293.1K |
| D | 2023-11-06 | 2023-11-02 | FSLY | Bergman Artur | Chief Architect, Dir | A - Grant | $0.00 | +301.2K | 6.41M | +5% | $0 |
| D | 2023-11-06 | 2023-11-02 | FSLY | Bergman Artur | Chief Architect, Dir | M - OptEx | $0.00 | +602.3K | 0 | New | $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 | 2023-11-02 | S | D | 17,300 | $16.74 | 6,389,793 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.36 to $17.30. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4. |
| 2 | Common | Class A Common Stock | 2023-11-02 | A | A | 301,169 | $0.00 | 6,407,093 | D | — | — | (F1) The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-sixteenth (6.25%) of the total RSUs will vest on February 15, 2024 and the remainder will vest in fifteen equal quarterly installments (May, August, November and February) of one-sixteenth thereafter (6.25% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. |
| 3 | Common | Class A Common Stock | 2023-11-02 | S | D | 200 | $17.60 | 6,389,593 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.59 to $17.60, inclusive. |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2023-11-02 | M | A | 602,338 | $0.00 | 0 | D | $16.47 · — to 2033-11-01 | 602,338 Class A Common Stock | (F8) 100% of the shares subject to the stock option are initially subject to vesting. One-sixteenth (6.25%) of the shares subject to the stock option shall vest on November 15, 2023, and the remainder will vest in 15 equal quarterly installments (February, May, August and November) of one-sixteenth thereafter (6.25% will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. |