4//SEC Filing
Maasberg Wolfgang 4
Accession 0001209191-20-028466
CIK 0001517413other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:03 PM ET
Size
22.3 KB
Accession
0001209191-20-028466
Insider Transaction Report
Form 4
Fastly, Inc.FSLY
Maasberg Wolfgang
EVP of Sales
Transactions
- Conversion
Class A Common Stock
2020-05-08+352,598→ 562,638 total - Sale
Class A Common Stock
2020-05-08$31.62/sh−109,533$3,463,433→ 453,105 total - Sale
Class A Common Stock
2020-05-08$32.46/sh−99,742$3,237,625→ 353,363 total - Sale
Class A Common Stock
2020-05-08$33.48/sh−40,187$1,345,461→ 313,176 total - Sale
Class A Common Stock
2020-05-08$34.62/sh−68,697$2,378,290→ 244,479 total - Sale
Class A Common Stock
2020-05-08$35.25/sh−34,439$1,213,975→ 210,040 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-05-08−352,598→ 0 totalExercise: $2.36Exp: 2026-05-03→ Class B Common Stock (352,598 underlying) - Exercise/Conversion
Class B Common Stock
2020-05-08+352,598→ 352,598 totalExercise: $2.36→ Class A Common Stock (352,598 underlying) - Conversion
Class B Common Stock
2020-05-08−352,598→ 0 total→ Class A Common Stock (352,598 underlying)
Footnotes (9)
- [F1]Each share of Class B Common Stock converted automatically into Class A Common Stock upon the election of the reporting person.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.03 to $32.02, inclusive. 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 in footnotes (3) through (7) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.03 to $33.02, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.03 to $34.02, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.03 to $35.02, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.03 to $35.61, inclusive.
- [F8]The stock option vested and became exercisable as to 25% of the shares subject to the option on April 11, 2017, and thereafter vested as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the reporting person on each vesting date.
- [F9]Each share of Class B Common Stock will convert automatically into Class A Common Stock upon (a) nine months following the death of the reporting person, or (b) any transfer except certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) the first trading day falling nine months after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock, (ii) the date specified by the vote of the holders of Class B Common Stock representing at least a majority of the outstanding shares of Class B Common Stock, or (iii) the first trading day falling ten years after the Effective Time as defined in the Issuer's amended and restated certificate of incorporation.
Documents
Issuer
Fastly, Inc.
CIK 0001517413
Entity typeother
Related Parties
1- filerCIK 0001499654
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:03 PM ET
- Size
- 22.3 KB