Filing Details
- Accession Number:
- 0001517413-25-000076
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-27 16:39:02
- Reporting Period:
- 2025-02-25
- Filing Date:
- 2025-02-27
- Accepted Time:
- 2025-02-27 16:39:02
- 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 |
|---|---|---|---|---|---|---|---|
| 1944844 | Todd Nightingale | C/O Fastly, Inc. 475 Brannan Street, Suite 300 San Francisco CA 94107 | Ceo | 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 | Disposition | 2025-02-25 | 8,595 | $6.87 | 1,544,706 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2025-02-26 | 74,552 | $0.00 | 1,619,258 | No | 4 | A | Direct | |
| Class A Common Stock | Acquisiton | 2025-02-26 | 20,661 | $0.00 | 1,639,919 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct |
Footnotes
- Shares sold to satisfy tax obligations in connection with the vesting of previously granted performance based Restricted Stock Units.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.86 to $6.88. The reporting person undertakes to provide to the Issuer, any security holder 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 footnote (2) to this Form 4.
- Represents the shares subject to performance-based restricted stock unit awards (PRSUs) earned based on the achievement of pre-established performance goals during the Issuer's fiscal year 2024. 33% of the number of PRSUs vested on the Transaction Date, and 8.375% of the PRSUs will vest in quarterly installments thereafter on May 26, August 26, November 26, and February 26, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- Fully vested. Under the 2024 Bonus Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units.
Billionaire Hedge Funds
