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GoPro, Inc. Director's Dealing 2015

Jun 2, 2015

33185_dirs_2015-06-01_5728f4a5-cf01-48a5-9880-35a0e9c01bc2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GoPro, Inc. (GPRO)
CIK: 0001500435
Period of Report: 2015-05-28

Reporting Person: LAZAR JACK R (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-28 Class A Common Stock C 75000 $0.00 Acquired 94480 Direct
2015-05-28 Class A Common Stock S 75000 $55.03 Disposed 19480 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-28 Non-Qualified Stock Option (right to buy) $16.22 M 75000 Disposed 2024-01-28 Class B Common Stock (75000) Direct
2015-05-28 Class B Common Stock $ M 75000 Acquired Class A Common Stock (75000) Direct
2015-05-28 Class B Common Stock $ C 75000 Disposed Class A Common Stock (75000) Direct

Footnotes

F1: Includes 1,600 shares acquired under the Issuer's employee stock purchase plan on February 13, 2015.

F2: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2015.

F3: When both ISO and NQ Stock Options granted on January 29, 2014 are combined, they vest over five years of continuous service as follows: 1/5 of the underlying shares vest on January 24, 2015, and 1/60 of the underlying shares vest monthly thereafter, subject to the Reporting Person's continuous service.

F4: Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon any transfer, whether or not for value, except for "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the date when the outstanding shares of Class B Common Stock represent less than 10% of the aggregate number of shares of Common Stock then outstanding.