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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1517413	Fastly Inc.	FSLY	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1416050	G Adriel Lares	C/O Fastly, Inc. 475 Brannan Street, Suite 300 San Francisco CA 94107	Chief Financial Officer	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	2021-07-15	5,000	$0.00	184,471	No	4	M	Direct
Class A Common Stock	Disposition	2021-07-15	5,000	$50.00	179,471	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	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	2021-07-12	570,248	$0.00	570,248	$2.36
Class A Common Stock	Employee Stock Option (Right to Buy)	Acquisiton	2021-07-12	570,248	$0.00	570,248	$2.36
Class A Common Stock	Employee Stock Option (Right to Buy)	Disposition	2021-07-15	5,000	$0.00	5,000	$2.36

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2026-07-11	No	4	J	Direct
570,248	2026-07-11	No	4	J	Direct
565,248	2026-07-11	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
On October 12, 2020, the Issuer's outstanding shares of Class B Common Stock represented less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation, as amended on July 12, 2021.
In connection with the automatic conversion described in footnote (2), outstanding Class B Common Stock options that were issued under the Issuer's 2011 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
The stock option vested and became exercisable as to 25% of the shares subject to the option on May 16, 2017, and thereafter vested as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the reporting person on each vesting date.