Douglas J. Herrington - 21 Feb 2024 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Douglas J. Herrington, CEO Worldwide Amazon Stores
Issuer symbol
AMZN
Transactions as of
21 Feb 2024
Net transactions value
-$1,603,187
Form type
4
Filing time
23 Feb 2024, 17:31:53 UTC
Previous filing
20 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +11,300 +2.2% $0.000000 516,926 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +4,920 +0.95% $0.000000 521,846 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +7,500 +1.4% $0.000000 529,346 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $1,603,187 -9,488 -1.8% $168.97 519,858 21 Feb 2024 Direct F1
holding AMZN Common Stock, par value $.01 per share 6,564 21 Feb 2024 Amazon.com 401(k) plan account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -11,300 -100% $0.000000* 0 21 Feb 2024 Common Stock, par value $.01 per share 11,300 $0.000000 Direct F2, F3
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -4,920 -5.2% $0.000000 89,660 21 Feb 2024 Common Stock, par value $.01 per share 4,920 $0.000000 Direct F2, F4
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -7,500 -20% $0.000000 30,000 21 Feb 2024 Common Stock, par value $.01 per share 7,500 $0.000000 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/06/2023.
F2 Converts into Common Stock on a one-for-one basis.
F3 This award vests based upon the following vesting schedule: 14,640 shares on each of May 21, 2022 and August 21, 2022; 14,660 shares on each of November 21, 2022 and February 21, 2023; 11,280 shares on May 21, 2023; and 11,300 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024.
F4 This award vests based upon the following vesting schedule: 3,980 shares on each of May 21, 2022, August 21, 2022, November 21, 2022, and February 21, 2023; 4,900 shares on each of May 21, 2023, August 21, 2023, and November 21, 2023; 4,920 shares on February 21, 2024; 12,640 shares on May 21, 2024; 12,660 shares on each of August 21, 2024, November 21, 2024, and February 21, 2025; and 9,760 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026.
F5 This award vests based upon the following vesting schedule: 7,500 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, February 21, 2024, May 21, 2026, August 21, 2026, November 21, 2026, and February 21, 2027.