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
  1. 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.
  2. 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.
  3. 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.
  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.
  5. The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
  6. The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
  7. The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 2, of which the reporting person is trustee.
  8. 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.