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GoPro, Inc. — Director's Dealing 2021
Aug 18, 2021
33185_dirs_2021-08-18_842eaeb8-c986-4dea-87c1-7cb6ae92dcc8.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: 2021-08-16
Reporting Person: MCGEE BRIAN (EVP, CFO and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-16 | Class A Common Stock | M | 12591 | $5.74 | Acquired | 311830 | Direct |
| 2021-08-16 | Class A Common Stock | M | 9042 | $4.08 | Acquired | 320872 | Direct |
| 2021-08-16 | Class A Common Stock | S | 21633 | $10.0452 | Disposed | 299239 | Direct |
| 2021-08-16 | Class A Common Stock | F | 3096 | $10.19 | Disposed | 296143 | Direct |
| 2021-08-17 | Class A Common Stock | S | 3708 | $10.03 | Disposed | 292435 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-16 | Employee Stock Options (right to buy) | $5.74 | M | 12591 | Disposed | 2028-05-14 | Class A Common Stock (12591) | Direct |
| 2021-08-16 | Employee Stock Options (right to buy) | $4.08 | M | 9042 | Disposed | 2030-02-17 | Class A Common Stock (9042) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 276 | Indirect |
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 price reported in Column 4 of Table I is a weighted average sale price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $9.965 to $10.19, 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 ranges set forth in the 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 vests over a four year period as follows: 25% of the underlying shares shall vest on February 15, 2019, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.
F5: The option vests over a four-year period as follows: 25% of the underlying shares shall vest on February 15, 2021, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.