Devine Jeffrey P 4
4 · FITBIT, INC. · Filed Sep 16, 2020
Insider Transaction Report
Form 4
FITBIT, INC.FIT
Devine Jeffrey P
EVP of Operations
Transactions
- Exercise/Conversion
Class A Common Stock
2020-09-15+10,417→ 69,323 total - Exercise/Conversion
Class A Common Stock
2020-09-15+9,750→ 79,073 total - Exercise/Conversion
Restricted Stock Units
2020-09-15−8,333→ 16,667 totalExercise: $0.00→ Class A Common Stock (8,333 underlying) - Exercise/Conversion
Restricted Stock Units
2020-09-15−9,750→ 97,500 totalExercise: $0.00→ Class A Common Stock (9,750 underlying) - Exercise/Conversion
Class A Common Stock
2020-09-15+8,333→ 58,906 total - Tax Payment
Class A Common Stock
2020-09-15$6.37/sh−9,121$58,101→ 69,952 total - Exercise/Conversion
Restricted Stock Units
2020-09-15−10,417→ 62,500 totalExercise: $0.00→ Class A Common Stock (10,417 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A common stock upon settlement for no consideration.
- [F2]1/12th of the RSUs vested on June 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
- [F3]1/12th of the RSUs vested on June 15, 2019, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
- [F4]1/12th of the RSUs will vest on June 15, 2020, and the remainder will vest quarterly thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon vesting.