Filing Details
- Accession Number:
- 0001517413-23-000309
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-06 21:09:34
- Reporting Period:
- 2023-11-02
- Accepted Time:
- 2023-11-06 21:09:34
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1517413 | Fastly Inc. | FSLY | Services-Prepackaged Software (7372) | 275411834 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1769490 | Artur Bergman | C/O Fastly, Inc. 475 Brannan Street, Suite 300 San Francisco CA 94107 | Chief Architect | Yes | 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 | 2023-11-02 | 301,169 | $0.00 | 6,407,093 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2023-11-02 | 17,300 | $16.74 | 6,389,793 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2023-11-02 | 200 | $17.60 | 6,389,593 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | 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 | Employee Stock Option (Right to Buy) | Acquisiton | 2023-11-02 | 602,338 | $0.00 | 602,338 | $16.47 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2033-11-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 840,005 | Indirect | See Footnote |
Class A Common Stock | 209,686 | Indirect | See Footnote |
Class A Common Stock | 1,000,000 | Indirect | See Footnote |
Footnotes
- The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-sixteenth (6.25%) of the total RSUs will vest on February 15, 2024 and the remainder will vest in fifteen equal quarterly installments (May, August, November and February) of one-sixteenth thereafter (6.25% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.36 to $17.30. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.59 to $17.60, inclusive.
- The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
- The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
- The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 2, of which the reporting person is trustee.
- 100% of the shares subject to the stock option are initially subject to vesting. One-sixteenth (6.25%) of the shares subject to the stock option shall vest on November 15, 2023, and the remainder will vest in 15 equal quarterly installments (February, May, August and November) of one-sixteenth thereafter (6.25% will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.