4//SEC Filing
Lares Adriel G 4
Accession 0001517413-21-000140
CIK 0001517413other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 6:07 PM ET
Size
13.5 KB
Accession
0001517413-21-000140
Insider Transaction Report
Form 4
Fastly, Inc.FSLY
Lares Adriel G
Chief Financial Officer
Transactions
- Other
Employee Stock Option (Right to Buy)
2021-07-12−570,248→ 0 totalExercise: $2.36Exp: 2026-07-11→ Class B Common Stock (570,248 underlying) - Sale
Class A Common Stock
2021-07-15$50.00/sh−5,000$250,000→ 179,471 total - Other
Employee Stock Option (Right to Buy)
2021-07-12+570,248→ 570,248 totalExercise: $2.36Exp: 2026-07-11→ Class A Common Stock (570,248 underlying) - Exercise/Conversion
Class A Common Stock
2021-07-15+5,000→ 184,471 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-07-15−5,000→ 565,248 totalExercise: $2.36Exp: 2026-07-11→ Class A Common Stock (5,000 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]On October 12, 2020, the Issuer's outstanding shares of Class B Common Stock represented less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation, as amended on July 12, 2021.
- [F3]In connection with the automatic conversion described in footnote (2), outstanding Class B Common Stock options that were issued under the Issuer's 2011 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
- [F4]The stock option vested and became exercisable as to 25% of the shares subject to the option on May 16, 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.
Documents
Issuer
Fastly, Inc.
CIK 0001517413
Entity typeother
Related Parties
1- filerCIK 0001416050
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 6:07 PM ET
- Size
- 13.5 KB