Steven Blum - Jun 14, 2024 Form 4 Insider Report for Autodesk, Inc. (ADSK)

Signature
Melissa Hoge, Attorney-in-Fact for Steven Blum
Stock symbol
ADSK
Transactions as of
Jun 14, 2024
Transactions value $
-$3,942,303
Form type
4
Date filed
6/17/2024, 06:30 PM
Previous filing
Apr 12, 2024
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADSK Common Stock Sale -$3.94M -17.4K -24.34% $226.40 54.1K Jun 14, 2024 Family Trust F1, F2, F3, F4
holding ADSK Common Stock 29.5K Jun 14, 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this form were effected pursuant to a Rule 105b-1 trading plan adopted by the reporting person on 12/19/2023.
F2 Shares were sold in various amounts from $226.035 to $226.75 inclusive. The price listed here reflects the average weighted price. 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.
F3 The original Form 4, filed on March 28, 2024, is being amended by this Form 4 to correct an administrative error, which misreported withholding amounts that occurred on March 26, 2024 and the number of shares acquired on September 29, 2023 pursuant to the Issuer's Employee Stock Purchase Plan. No sales were made in connection with this correction.
F4 The shares are held by the BLUM FAMILY DECL. TR U/A/D 4/20/06 (the "Family Trust"). The reporting person is a trustee of the Family Trust. The reporting person disclaims beneficial ownership of the shares held by the Family Trust except to the extent of his proportionate pecuniary interest therein.
F5 The total securities beneficially owned includes 28,973 shares of unvested Restricted Stock Units.