4//SEC Filing
Woodman Family Trust under Trust Agreement dated March 11, 2011 4
Accession 0001209191-20-047471
CIK 0001500435other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 4:03 PM ET
Size
15.3 KB
Accession
0001209191-20-047471
Insider Transaction Report
Form 4
GoPro, Inc.GPRO
Transactions
- Tax Payment
Class A Common Stock
2020-08-17$4.88/sh−11,833$57,745→ 247,606 total
Holdings
- 26,320,130(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (26,320,130 underlying) - 0(indirect: By 2018 GRAT)
Class B Common Stoc
→ Class A Common Stock (0 underlying) - 0(indirect: By Spouse)
Class B Common Stoc
→ Class A Common Stock (0 underlying) - 1,250,000(indirect: By 2019 GRAT)
Class B Common Stoc
→ Class A Common Stock (1,250,000 underlying) - 1,250,000(indirect: By Spouse)
Class B Common Stoc
→ Class A Common Stock (1,250,000 underlying)
Woodman Nicholas
DirectorCEO, Chairman of the Board10% Owner
Transactions
- Tax Payment
Class A Common Stock
2020-08-17$4.88/sh−11,833$57,745→ 247,606 total
Holdings
- 0(indirect: By 2018 GRAT)
Class B Common Stoc
→ Class A Common Stock (0 underlying) - 1,250,000(indirect: By 2019 GRAT)
Class B Common Stoc
→ Class A Common Stock (1,250,000 underlying) - 1,250,000(indirect: By Spouse)
Class B Common Stoc
→ Class A Common Stock (1,250,000 underlying) - 26,320,130(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (26,320,130 underlying) - 0(indirect: By Spouse)
Class B Common Stoc
→ Class A Common Stock (0 underlying)
Footnotes (4)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F2]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon certain transfers of such shares.
- [F3]Prior to May 27, 2020, the Reporting Person indirectly beneficially held 23,720,830 shares of Issuer Class B Common Stock through The Woodman Family Trust and 1,299,650 shares through each of his 2018 GRAT and his spouse's 2018 GRAT. On May 27, 2020, each of the two GRAT's distributed all the shares held to the Woodman Family Trust (a change of form of beneficial ownership without a change of pecuniary interest exempt from reporting under Rule 16a-13). The amounts reported reflect a corresponding increase of 2,599,300 shares in the number of shares of Issuer Class B Common Stock beneficially owned indirectly by the Reporting Person through The Woodman Family Trust and a decrease (to zero) of 1,299,650 shares in the number of shares of such stock beneficially owned indirectly by the Reporting Person through each of his 2018 GRAT and his spouse's 2018 GRAT.
- [F4]Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011.
Documents
Issuer
GoPro, Inc.
CIK 0001500435
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001611665
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 4:03 PM ET
- Size
- 15.3 KB