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GoPro, Inc. — Director's Dealing 2016
Feb 17, 2016
33185_dirs_2016-02-16_56b849ef-0918-4d2e-a8eb-5e3c1654aafd.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: 2016-02-11
Reporting Person: Zezima Sharon S (General Counsel, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-11 | Class A Common Stock | A | 30465 | $0.00 | Acquired | 38045 | Direct |
| 2016-02-16 | Class A Common Stock | F | 734 | $11.59 | Disposed | 37311 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-11 | Non-Qualified Stock Option (right to buy) | $10.17 | A | 66116 | Acquired | 2026-02-10 | Class A Common Stock (66116) | Direct |
Footnotes
F1: Represents awards of restricted stock units that will vest over a four year period as follows: 25% shall vest on February 15, 2017, and 25% shall vest annually thereafter, subject to the Reporting Person's continuous service.
F2: Includes 707 shares acquired under the Issuer's employee stock purchase plan on February 12, 2016.
F3: Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F4: The option shall vest over a four year period as follows: 25% of the shares shall vest on February 11, 2017, and 1/48th of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.