Todd Nightingale - 25 Feb 2025 Form 4 Insider Report for Fastly, Inc. (FSLY)

Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
25 Feb 2025
Net transactions value
-$59,048
Form type
4
Filing time
27 Feb 2025, 16:39:02 UTC
Previous filing
21 Feb 2025
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Sale $59,048 -8,595 -0.55% $6.87 1,544,706 25 Feb 2025 Direct F1, F2
transaction FSLY Class A Common Stock Award $0 +74,552 +4.8% $0.000000 1,619,258 26 Feb 2025 Direct F3
transaction FSLY Class A Common Stock Award $0 +20,661 +1.3% $0.000000 1,639,919 26 Feb 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to satisfy tax obligations in connection with the vesting of previously granted performance based Restricted Stock Units.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.86 to $6.88. 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 Represents the shares subject to performance-based restricted stock unit awards (PRSUs) earned based on the achievement of pre-established performance goals during the Issuer's fiscal year 2024. 33% of the number of PRSUs vested on the Transaction Date, and 8.375% of the PRSUs will vest in quarterly installments thereafter on May 26, August 26, November 26, and February 26, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F4 Fully vested. Under the 2024 Bonus Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units.