Sundar Pichai - 17 Apr 2024 Form 4 Insider Report for Alphabet Inc. (GOOG)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Sundar Pichai
Issuer symbol
GOOG
Transactions as of
17 Apr 2024
Net transactions value
-$3,541,763
Form type
4
Filing time
17 Apr 2024, 19:30:15 UTC
Previous filing
04 Apr 2024
Next filing
01 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale $3,541,763 -22,500 -0.97% $157.41 2,303,011 17 Apr 2024 Direct
holding GOOG Class A Common Stock 227,560 17 Apr 2024 Direct
holding GOOG Class C Google Stock Units 520,668 17 Apr 2024 Direct F1
* 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 Class C GSUs entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/12th of the GSU vested on March 25, 2023 and an additional 1/12th of the GSU will vest quarterly thereafter until the GSUs are fully vested, subject to continuing employment on the applicable vesting dates.

Remarks:

Transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on August 31, 2023.