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GoPro, Inc. — Director's Dealing 2021
Nov 17, 2021
33185_dirs_2021-11-17_b0dfa716-727d-4714-8565-ffbbdd7cb031.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: 2021-11-15
Reporting Person: Lapic S Aimee (SVP, Chief Digital Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-15 | Class A Common Stock | M | 4837 | $3.81 | Acquired | 268077 | Direct |
| 2021-11-15 | Class A Common Stock | S | 4837 | $11.0522 | Disposed | 263240 | Direct |
| 2021-11-15 | Class A Common Stock | F | 3559 | $11.62 | Disposed | 259681 | Direct |
| 2021-11-16 | Class A Common Stock | S | 3619 | $11.43 | Disposed | 256062 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-15 | Employee Stock Options (right to buy) | $3.81 | M | 4837 | Disposed | 2030-05-14 | Class A Common Stock (4837) | Direct |
Footnotes
F1: The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2: The reported price in Column 4 of Table I is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at prices ranging from $10.77 to $11.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote of this Form 4.
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 line item 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 in this line item for any reason other than to cover required taxes.
F4: The option shall vest over a four year period as follows: 25% of the underlying shares shall vest on May 15, 2021 and 1/48 of the shares shall vest monthly thereafter, based on the Reporting Person's continuous service.