Home > Insider Trading > Filing (0001140361-16-071957)

Filing Details

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
1645079	Andy Missan	C/O Fitbit, Inc. 405 Howard Street San Francisco CA 94105	Evp, Gc, & Secretary	No	Yes	No	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	2016-07-06	10,000	$0.00	45,000	No	4	C	Direct
Class A Common Stock	Disposition	2016-07-06	10,000	$12.35	35,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (right to buy)	Disposition	2016-07-06	10,000	$0.00	10,000	$0.28
Class A Common Stock	Class B Common Stock	Acquisiton	2016-07-06	10,000	$0.00	10,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2016-07-06	10,000	$0.00	10,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
475,353	2023-03-26	No	4	M	Direct
10,000		No	4	M	Direct
0		No	4	C	Direct

Footnotes

The sales reported were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person.
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.
The reported price in column 4 is a weighted average price. The shares were sold in multiple transactions at price ranging from $12.09 to $12.51 per share, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The option vested as to 1/4th of the total number of shares on March 26, 2014, and thereafter vested and shall continue to vest as to 1/48th of the total number of shares in equal monthly installments.