Filing Details
- Accession Number:
- 0001140361-17-037836
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2017-10-06 20:38:27
- Reporting Period:
- 2017-06-01
- Accepted Time:
- 2017-10-06 20:38:27
- Original Submission Date:
- 2017-06-14
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2017-06-01 | 10,000 | $0.00 | 82,702 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2017-06-01 | 10,000 | $5.57 | 72,702 | 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 | 2017-06-01 | 10,000 | $0.00 | 10,000 | $0.28 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2017-06-01 | 10,000 | $0.00 | 10,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2017-06-01 | 10,000 | $0.00 | 10,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 315,175 | 2023-03-27 | No | 4 | M | Direct | |
| 10,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The option exercise and the subsequent conversion of the underlying shares of Class B common stock into shares of Class A common stock reported herein were inadvertently omitted from the Form 4 filed on June 14, 2017. Following such option exercise and conversion, the resulting shares of Class A Common Stock were sold, as previously reported in the original Form 4.
- 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.
- Reflects an adjustment of 10,000 shares to correct the error described in footnote 2.
- Represents the aggregate of sales effected on the same day at different prices.
- Represents the weighted average sales price per share. The shares sold at prices ranging from $5.23 to $5.70 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- 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.
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