Filing Details

Accession Number:
0001127602-20-011173
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 21:51:51
Reporting Period:
2020-03-15
Accepted Time:
2020-03-17 21:51:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447599 Fitbit Inc. FIT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1441478 P Jeffrey Devine C/O Fitbit
199 Fremont Street, 14Th Floor
San Francisco CA 94105
Evp Of Operations 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 2020-03-15 10,312 $0.00 159,848 No 4 M Direct
Class A Common Stock Acquisiton 2020-03-15 3,333 $0.00 163,181 No 4 M Direct
Class A Common Stock Acquisiton 2020-03-15 8,334 $0.00 171,515 No 4 M Direct
Class A Common Stock Acquisiton 2020-03-15 10,417 $0.00 181,932 No 4 M Direct
Class A Common Stock Disposition 2020-03-15 10,737 $6.39 171,195 No 4 F Direct
Class A Common Stock Disposition 2020-03-16 140,000 $6.17 31,195 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M 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 Restricted Stock Units Disposition 2020-03-15 10,312 $0.00 10,312 $0.00
Class A Common Stock Restricted Stock Units Disposition 2020-03-15 3,333 $0.00 3,333 $0.00
Class A Common Stock Restricted Stock Units Disposition 2020-03-15 8,334 $0.00 8,334 $0.00
Class A Common Stock Restricted Stock Units Disposition 2020-03-15 10,417 $0.00 10,417 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
33,333 No 4 M Direct
83,333 No 4 M Direct
Footnotes
  1. 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.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.91 to $6.30 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. 1/3rd of the RSUs vested on March 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
  5. 1/12th of the total number of RSUs granted vested on June 15, 2017 and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
  6. 1/12th of the RSUs vested on June 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
  7. 1/12th of the RSUs vested on June 15, 2019, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.