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Fastly, Inc. Director's Dealing 2021

Feb 17, 2021

32048_dirs_2021-02-17_3351b40d-e5ea-4584-9691-515985dc626a.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: 2021-02-14

Reporting Person: Bixby Joshua (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-14 Class A Common Stock A 37914 $0.00 Acquired 321967 Direct
2021-02-14 Class A Common Stock A 62827 $0.00 Acquired 384794 Direct
2021-02-14 Class A Common Stock A 4975 $0.00 Acquired 389769 Direct

Footnotes

F1: 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 2020. 25% of the number of PRSUs vested on February 15, 2021 and 25% of the number of PRSUs vest on May 15, 2021, August 15, 2021, and November 15, 2021, respectively, in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.

F2: The shares are represented by restricted stock units (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. 12.5% of the total RSUs vest on August 15, 2021, with the remainder vesting in 14 equal quarterly installments (November, February, May and August) of 6.25% thereafter, in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.

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 vested on February 15, 2021 and 25% of the number of RSUs vest on May 15, 2021, August 15, 2021, and November 15, 2021, respectively, in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.