FITBIT INC 4
4 · FITBIT INC · Filed Mar 16, 2016
Insider Transaction Report
Form 4
FITBIT INCFIT
Transactions
- Award
Restricted Stock Units
2016-03-15+24,200→ 24,200 totalExercise: $0.00→ Class A Common Stock (24,200 underlying) - Award
Employee Stock Option (right to buy)
2016-03-15+55,800→ 55,800 totalExercise: $13.93Exp: 2026-03-14→ Class A Common Stock (55,800 underlying)
Footnotes (3)
- [F1]The option will vest as to 1/4th of the total number of shares on March 15, 2017, and thereafter shall vest as to 1/16th of the total number of shares in equal quarterly installments, subject to the continuing employment of the Reporting Person on each vesting date.
- [F2]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.
- [F3]1/4th of the total number of RSUs will vest on March 15, 2017, and thereafter shall vest as to 1/16th of the total number of RSUs in equal quarterly 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.