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Fastly, Inc. — Director's Dealing 2021
May 19, 2021
32048_dirs_2021-05-19_bd5ffb91-3a8d-468e-a91c-198e12016895.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: 2021-05-17
Reporting Person: PAISLEY CHRISTOPHER B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-17 | Class A Common Stock | C | 1000 | — | Acquired | 4844 | Direct |
| 2021-05-17 | Class A Common Stock | S | 1000 | $42.38 | Disposed | 3844 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-17 | Class B Common Stock | $ | C | 1000 | Disposed | Class A Common Stock (1000.0) | Direct |
Footnotes
F1: Each share of Class B Common Stock converted into Class A Common Stock upon the election of the reporting person.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3: 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.