Douglas J. Herrington - 21 May 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 May 2024
Net transactions value
-$1,105,838
Form type
4
Filing time
23 May 2024, 17:54:34 UTC
Previous filing
17 May 2024
Next filing
05 Jun 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 +12,640 +2.4% $0.000000 530,249 21 May 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +2,600 +0.49% $0.000000 532,849 21 May 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $905,514 -4,996 -0.94% $181.25 527,853 21 May 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $200,325 -1,100 -0.21% $182.11 526,753 21 May 2024 Direct F1, F3
holding AMZN Common Stock, par value $.01 per share 6,573 21 May 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 -12,640 -14% $0.000000 77,020 21 May 2024 Common Stock, par value $.01 per share 12,640 $0.000000 Direct F4, F5
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -2,600 -3.8% $0.000000 65,060 21 May 2024 Common Stock, par value $.01 per share 2,600 $0.000000 Direct F4, F6
* 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 Represents the weighted average sale price. The highest price at which shares were sold was $181.81 and the lowest price at which shares were sold was $180.83.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $182.54 and the lowest price at which shares were sold was $181.84.
F4 Converts into Common Stock on a one-for-one basis.
F5 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.
F6 This award vests based upon the following vesting schedule: 2,600 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,520 shares on May 21, 2025; 3,500 shares on each of August 21, 2025, November 21, 2025, and February 21, 2026; 2,860 shares on May 21, 2026; 2,840 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,980 shares on May 21, 2027; and 7,960 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.

Remarks:

The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.