Artur Bergman - 09 Dec 2024 Form 4 Insider Report for Fastly, Inc. (FSLY)

Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
09 Dec 2024
Net transactions value
-$113,600
Form type
4
Filing time
11 Dec 2024, 16:56:57 UTC
Previous filing
09 Dec 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Sale $113,600 -10,000 -0.29% $11.36 3,457,536 09 Dec 2024 Direct F1, F2, F3
holding FSLY Class A Common Stock 2,500,558 09 Dec 2024 See Foonote F4
holding FSLY Class A Common Stock 840,005 09 Dec 2024 See Footnote F5
holding FSLY Class A Common Stock 109,686 09 Dec 2024 See Footnote F6
holding FSLY Class A Common Stock 156,521 09 Dec 2024 See Footnote F7
holding FSLY Class A Common Stock 50,481 09 Dec 2024 See Footnote F8
holding FSLY Class A Common Stock 792,998 09 Dec 2024 See Footnote F9
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.02 to $11.57. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 Balance reflects 2,500,558 shares of Class A common stock transferred to The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
F4 The shares are held by The Per Artur Bergman Revocable Trust, of which the reporting person is settlor, sole trustee, and sole beneficiary.
F5 The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
F6 The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
F7 The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 2, of which the reporting person is trustee.
F8 The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 3, of which the reporting person is trustee.
F9 The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 4, of which the reporting person is trustee. Includes 561,170 shares of Class A common stock received as annuity payments from The Per Artur Bergman Grantor Retained Annuity Trust No. 2 and 231,828 shares of Class A common stock received as annuity payments from The Per Artur Bergman Grantor Retained Annuity Trust No. 3.