| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FSLY | Class A Common Stock | Sale | $105,800 | -10,000 | -0.3% | $10.58 | 3,364,136 | 10 Feb 2025 | Direct | F1, F2 |
| transaction | FSLY | Class A Common Stock | Award | $0 | +22,697 | +0.67% | $0.000000 | 3,386,833 | 11 Feb 2025 | Direct | F3 |
| holding | FSLY | Class A Common Stock | 2,500,558 | 10 Feb 2025 | See Foonote | F4 | |||||
| holding | FSLY | Class A Common Stock | 840,005 | 10 Feb 2025 | See Footnote | F5 | |||||
| holding | FSLY | Class A Common Stock | 109,686 | 10 Feb 2025 | See Footnote | F6 | |||||
| holding | FSLY | Class A Common Stock | 156,521 | 10 Feb 2025 | See Footnote | F7 | |||||
| holding | FSLY | Class A Common Stock | 50,481 | 10 Feb 2025 | See Footnote | F8 | |||||
| holding | FSLY | Class A Common Stock | 792,998 | 10 Feb 2025 | See Footnote | F9 |
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).
| 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 $10.18 to $10.75. 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 | The shares are represented by RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. 25% of the number of RSUs will vest on February 15, 2025 and 25% of the number of RSUs vest on May 15, 2025, August 15, 2025, and November 15, 2025, respectively, in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. |
| 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. |