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Fastly, Inc. — Director's Dealing 2019
Dec 21, 2019
32048_dirs_2019-12-20_38b4cdf9-1a21-441d-9dbf-3f99310d8776.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fastly, Inc. (FSLY)
CIK: 0001517413
Period of Report: 2019-12-19
Reporting Person: Luongo Paul (General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-19 | Employee Stock Option (Right to Buy) | $1.15 | M | 5000 | Disposed | 2025-03-02 | Class B Common Stock (5000.0) | Direct |
| 2019-12-19 | Class B Common Stock | $1.15 | M | 5000 | Acquired | Class A Common Stock (5000.0) | Direct |
Footnotes
F1: Fully vested.
F2: Each share of Class B Common Stock will convert automatically into Class A Common Stock upon (a) nine months following the death of the reporting person, or (b) any transfer except certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) the first trading day falling nine months after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock, (ii) the date specified by the vote of the holders of Class B Common Stock representing at least a majority of the outstanding shares of Class B Common Stock, or (iii) the first trading day falling ten years after the Effective Time as defined in the Issuer's amended and restated certificate of incorporation.