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Fastly, Inc. — Director's Dealing 2023
Nov 7, 2023
32048_dirs_2023-11-06_a28cc66f-20c9-421e-8064-127ae4c9acc4.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: 2023-11-02
Reporting Person: Bergman Artur (Director, Chief Architect)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-02 | Class A Common Stock | A | 301169 | — | Acquired | 6407093 | Direct |
| 2023-11-02 | Class A Common Stock | S | 17300 | $16.74 | Disposed | 6389793 | Direct |
| 2023-11-02 | Class A Common Stock | S | 200 | $17.60 | Disposed | 6389593 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-02 | Employee Stock Option (Right to Buy) | $16.47 | M | 602338 | Acquired | 2033-11-01 | Class A Common Stock (602338) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 840005 | Indirect |
| Class A Common Stock | 209686 | Indirect |
| Class A Common Stock | 1000000 | Indirect |
Footnotes
F1: 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. One-sixteenth (6.25%) of the total RSUs will vest on February 15, 2024 and the remainder will vest in fifteen equal quarterly installments (May, August, November and February) of one-sixteenth thereafter (6.25% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2023.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.36 to $17.30. 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 footnotes (3) and (4) to this Form 4.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.59 to $17.60, inclusive.
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: 100% of the shares subject to the stock option are initially subject to vesting. One-sixteenth (6.25%) of the shares subject to the stock option shall vest on November 15, 2023, and the remainder will vest in 15 equal quarterly installments (February, May, August and November) of one-sixteenth thereafter (6.25% will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.