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Filing Details

Accession Number:: 0001209191-16-124444
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-05-31 17:56:07
Reporting Period:: 2016-05-26

Filing Date:: 2016-05-31
Accepted Time:: 2016-05-31 17:56:07
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	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2016-05-26	250,000	$14.24	6,889,993	No	4	S	Indirect	By Softbank PrinceVille Investments, LP
Class A Common Stock	Disposition	2016-05-27	500,000	$14.23	6,389,993	No	4	S	Indirect	By Softbank PrinceVille Investments, LP
Class A Common Stock	Disposition	2016-05-31	250,000	$14.12	6,139,993	No	4	S	Indirect	By Softbank PrinceVille Investments, LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Softbank PrinceVille Investments, LP
No	4	S	Indirect	By Softbank PrinceVille Investments, LP
No	4	S	Indirect	By Softbank PrinceVille Investments, LP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Acquisiton	2016-05-26	11,442	$0.00	11,442	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,442			No	4	A	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.125 - $14.565, 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 price within the ranges set forth in this footnote (1) to this Form 4.
These shares are owned by Softbank PrinceVille Investments, L.P. ("Princeville"). The Reporting Person, a director of the Issuer, is a managing member of SB PV GP LLC, which is the general partner of SB PV GP, L.P., the general partner of Princeville and, as such may be deemed to share voting and dispositive power over the shares held by Princeville. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.105 - $14.41, 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 price within the ranges set forth in this footnote (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.05 - $14.33, 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 price within the ranges set forth in this footnote (4) to this Form 4.
This security represents restricted stock units. Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration.
The RSUs shall fully vest on the earlier of (i) the date of the 2017 annual meeting of stockholders (if the Reporting Person does not stand forre-election or is not re-elected at such meeting but provides continuous service to the Board until the date of such meeting) or (ii) May 26, 2017.