Filing Details

Accession Number:
0001209191-20-011179
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-20 17:08:24
Reporting Period:
2020-02-18
Accepted Time:
2020-02-20 17:08:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500435 Gopro Inc. GPRO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1257463 Brian Mcgee 3000 Clearview Way
San Mateo CA 94402
Evp, Cfo And Coo 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 2020-02-18 26,867 $0.00 180,737 No 4 A Direct
Class A Common Stock Acquisiton 2020-02-18 145,012 $0.00 325,749 No 4 A Direct
Class A Common Stock Disposition 2020-02-18 22,246 $4.08 303,503 No 4 F Direct
Class A Common Stock Disposition 2020-02-19 36,222 $4.06 267,281 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2020-02-18 144,676 $0.00 144,676 $4.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
144,676 2030-02-17 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 276 Indirect By Spouse
Footnotes
  1. Represents the acquisition of restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended December 31, 2019, as certified by the Compensation and Leadership Committee on February 18, 2020. The restricted stock units are scheduled to vest as to one-third (1/3) of the total RSUs earned on February 18, 2020, and an additional one-twelfth (1/12th) of the total RSUs earned each quarter thereafter until the RSUs are fully vested, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
  2. Represents an award of restricted stock units that vest over a four-year period as follows: 25% of the RSUs shall vest on February 15, 2021, and 25% of the RSUs shall vest each annual anniversary thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
  3. 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.
  4. The sale reported in this line item was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.041 to $4.10 per share, inclusive. The holder undertakes to provide to 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.
  6. The option vests over a four-year period as follows: 25% of the underlying shares shall vest on February 15, 2021, 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.