Filing Details

Accession Number:
0001209191-22-020257
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-21 16:18:40
Reporting Period:
2022-03-15
Accepted Time:
2022-03-21 16:18:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500435 Gopro Inc. GPRO Photographic Equipment & Supplies (3861) 770629474
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1610500 Nicholas Woodman 3025 Clearview Way
San Mateo CA 94402
Ceo, Chairman Of The Board Yes Yes Yes No
1611665 Woodman Family Trust Under Trust Agreement Dated March 11, 2011 3025 Clearview Way
San Mateo CA 94402
No No Yes 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 Disposition 2022-03-17 37,162 $0.00 774,208 No 5 G Direct
Class A Common Stock Acquisiton 2022-03-17 37,162 $0.00 37,162 No 5 G Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
Class A Common Stock Disposition 2022-03-17 37,162 $8.00 0 No 4 S Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
Class A Common Stock Disposition 2022-03-18 162,838 $0.00 611,370 No 5 G Direct
Class A Common Stock Acquisiton 2022-03-18 162,838 $0.00 162,838 No 5 G Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
Class A Common Stock Disposition 2022-03-18 162,838 $8.03 0 No 4 S Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
No 4 S Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
No 5 G Direct
No 5 G Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
No 4 S Indirect By The Woodman Family Trust under Trust Agreement dated March 11, 2011
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2022-03-15 592,030 $0.00 592,030 $0.00
Class A Common Stock Class B Common Disposition 2022-03-15 592,030 $0.00 592,030 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 5 G Indirect
0 No 5 G Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 25,236,070 25,236,070 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
25,236,070 25,236,070 Indirect
Footnotes
  1. Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011.
  2. The sale reported in this line item was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  3. The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.01 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote on this Form 4.
  4. The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.08 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote on this Form 4.
  5. 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 is also convertible into Class A Common Stock on the same basis upon certain transfers of such shares.
  6. Prior to March 15, 2022, the Reporting Person indirectly beneficially held 24,487,910 shares of Issuer Class B Common Stock through The Woodman Family Trust and 966,110 shares through each of his 2019 GRAT and his spouse's 2019 GRAT. On March 15, 2022, each of the two GRAT's distributed 374,080 of the shares held to The Woodman Family Trust (a change of form of beneficial ownership without a change of pecuniary interest exempt from reporting under Rule 16a-13). The amounts reported reflect a corresponding increase of 748,160 shares in the number of shares of Issuer Class B Common Stock beneficially owned indirectly by the Reporting Person through The Woodman Family Trust and a decrease of 374,080 shares in the number of shares of such stock beneficially owned indirectly by the Reporting Person through each of his 2019 GRAT and his spouse's 2019 GRAT.
  7. After the change in form of beneficial ownership described in footnote 6, the Reporting Person indirectly beneficially held 592,030 shares of Issuer Class B Common Stock in each of his 2019 GRAT and his spouse's 2019 GRAT. On March 15, 2022, each of the two GRAT's made a gift of 592,030 shares of Issuer Class B common stock. These gifts subsequently reduced the number of shares of Issuer Class B Common Stock in each 2019 GRAT and thereby the number of shares of Issuer Class B Common Stock indirectly held by the Reporting Person through each GRAT, to zero.