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GoPro, Inc. — Director's Dealing 2021
Feb 18, 2021
33185_dirs_2021-02-18_7d887806-70f9-4a3a-b154-92ea80ed101c.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: 2021-02-16
Reporting Person: Saltman Eve T. (VP, Corp/Bus Dev, GC, Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | Class A Common Stock | M | 28595 | $5.58 | Acquired | 238990 | Direct |
| 2021-02-16 | Class A Common Stock | S | 28595 | $8.11 | Disposed | 210395 | Direct |
| 2021-02-16 | Class A Common Stock | F | 16123 | $7.915 | Disposed | 194272 | Direct |
| 2021-02-17 | Class A Common Stock | S | 11429 | $7.785 | Disposed | 182843 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Non-Qualified Stock Option (right to buy) | $5.58 | M | 28595 | Disposed | 2028-04-15 | Class A Common Stock (28595) | Direct |
Footnotes
F1: The transaction reported in this line item was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2: 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.
F3: These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $7.66 to $7.885, 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 the footnote of this Form 4.
F4: The option vests over a four-year period as follows: 25% of the underlying shares shall vest on March 29, 2019, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date.