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Filing Details

Accession Number:: 0001127602-20-016663
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-05-14 19:14:41
Reporting Period:: 2020-05-12

Accepted Time:: 2020-05-14 19:14:41
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
1645531	James Park	C/O Fitbit 199 Fremont Street, 14Th Floor San Francisco CA 94105	President, Ceo, Cob	Yes	Yes	Yes	No

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	2020-05-12	44,310	$6.60	0	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-05-12	628,433	$0.00	628,433	No	4	C	Indirect	By revocable trust
Class A Common Stock	Disposition	2020-05-12	628,433	$6.60	0	No	4	S	Indirect	By revocable trust
Class A Common Stock	Acquisiton	2020-05-13	524,183	$0.00	524,183	No	4	C	Indirect	By revocable trust
Class A Common Stock	Disposition	2020-05-13	524,183	$6.53	0	No	4	S	Indirect	By revocable trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	C	Indirect	By revocable trust
No	4	S	Indirect	By revocable trust
No	4	C	Indirect	By revocable trust
No	4	S	Indirect	By revocable trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2020-05-08	322,471	$0.00	322,471	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2020-05-08	322,471	$0.00	322,471	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-05-12	628,433	$0.00	628,433	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-05-13	524,183	$0.00	524,183	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
577,529	No	5	G	Indirect
14,644,605	No	5	G	Indirect
14,016,172	No	4	C	Indirect
13,491,989	No	4	C	Indirect

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.58 to $6.65 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.58 to $6.64 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.59 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.
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.