Filing Details

Accession Number:
0001140361-15-044042
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-09 17:22:15
Reporting Period:
2015-12-09
Filing Date:
2015-12-09
Accepted Time:
2015-12-09 17:22:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447599 Fitbit Inc FIT Electronic Computers (3571) 208920744
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1645372 Joseph Steven Murray C/O Softbank Capital
38 Glen Avenue
Newton MA 02459
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2015-12-09 266,938 $0.00 266,938 No 4 C Indirect By SoftBank PrinceVille Investments, LP
Class A Common Stock Disposition 2015-12-09 266,938 $28.13 0 No 4 S Indirect By SoftBank PrinceVille Investments, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By SoftBank PrinceVille Investments, LP
No 4 S Indirect By SoftBank PrinceVille Investments, LP
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2015-12-09 266,938 $0.00 266,938 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,139,993 No 4 C Indirect
Footnotes
  1. 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 will convert automatically into Class A Common Stock on the same basis upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) June 17, 2027.
  2. SB PV GP L.P. is the general partner of SoftBank PrinceVille Investments, L.P. and SB PV GP LLC is the general partner of SB PV GP L.P. The managing members of SB PV GP LLC are Ronald D. Fisher, Kabir Misra, and Steven Murray, a member of the Issuer's board of directors, and, therefore, may be deemed to share voting and dispositive power over the shares held by SoftBank PrinceVille Investments, L.P. Messrs. Fisher, Misra, and Murray disclaim beneficial ownership of these securities except to the extent of their pecuniary interests therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.