| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Class A Common Stock | Conversion of derivative security | +27.8K | 27.8K | May 25, 2021 | See footnote | F1, F2 | |||
| transaction | NET | Class A Common Stock | Sale | -$1.55M | -19.5K | -70.08% | $79.53 | 8.31K | May 25, 2021 | See footnote | F2, F3, F4 |
| transaction | NET | Class A Common Stock | Sale | -$667K | -8.31K | -100% | $80.21 | 0 | May 25, 2021 | See footnote | F2, F3, F5 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +5.56K | 5.56K | May 25, 2021 | See footnote | F1, F6 | |||
| transaction | NET | Class A Common Stock | Sale | -$309K | -3.89K | -69.95% | $79.53 | 1.67K | May 25, 2021 | See footnote | F3, F4, F6 |
| transaction | NET | Class A Common Stock | Sale | -$134K | -1.67K | -100% | $80.21 | 0 | May 25, 2021 | See footnote | F3, F5, F6 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +27.8K | 27.8K | May 26, 2021 | See footnote | F1, F2 | |||
| transaction | NET | Class A Common Stock | Sale | -$2.08M | -26K | -93.74% | $79.98 | 1.74K | May 26, 2021 | See footnote | F2, F3, F7 |
| transaction | NET | Class A Common Stock | Sale | -$140K | -1.74K | -100% | $80.65 | 0 | May 26, 2021 | See footnote | F2, F3, F8 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +5.56K | 5.56K | May 26, 2021 | See footnote | F1, F6 | |||
| transaction | NET | Class A Common Stock | Sale | -$416K | -5.21K | -93.7% | $79.98 | 350 | May 26, 2021 | See footnote | F3, F6, F7 |
| transaction | NET | Class A Common Stock | Sale | -$28.2K | -350 | -100% | $80.65 | 0 | May 26, 2021 | See footnote | F3, F6, F8 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +27.8K | 27.8K | May 27, 2021 | See footnote | F1, F2 | |||
| transaction | NET | Class A Common Stock | Sale | -$187K | -2.37K | -8.53% | $78.84 | 25.4K | May 27, 2021 | See footnote | F2, F3, F9 |
| transaction | NET | Class A Common Stock | Sale | -$553K | -6.92K | -27.24% | $79.84 | 18.5K | May 27, 2021 | See footnote | F2, F3, F10 |
| transaction | NET | Class A Common Stock | Sale | -$175K | -2.17K | -11.75% | $80.70 | 16.3K | May 27, 2021 | See footnote | F2, F3, F11 |
| transaction | NET | Class A Common Stock | Sale | -$375K | -4.58K | -28.1% | $81.80 | 11.7K | May 27, 2021 | See footnote | F2, F3, F12 |
| transaction | NET | Class A Common Stock | Sale | -$969K | -11.7K | -100% | $82.59 | 0 | May 27, 2021 | See footnote | F2, F3, F13 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +5.56K | 5.56K | May 27, 2021 | See footnote | F1, F6 | |||
| transaction | NET | Class A Common Stock | Sale | -$37.8K | -480 | -8.64% | $78.84 | 5.08K | May 27, 2021 | See footnote | F3, F6, F9 |
| transaction | NET | Class A Common Stock | Sale | -$110K | -1.38K | -27.15% | $79.84 | 3.7K | May 27, 2021 | See footnote | F3, F6, F10 |
| transaction | NET | Class A Common Stock | Sale | -$34.5K | -428 | -11.58% | $80.70 | 3.27K | May 27, 2021 | See footnote | F3, F6, F11 |
| transaction | NET | Class A Common Stock | Sale | -$75.5K | -923 | -28.23% | $81.80 | 2.35K | May 27, 2021 | See footnote | F3, F6, F12 |
| transaction | NET | Class A Common Stock | Sale | -$194K | -2.35K | -100% | $82.59 | 0 | May 27, 2021 | See footnote | F3, F6, F13 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Class B Common Stock | Gift | $0 | -632K | -100% | $0.00* | 0 | May 25, 2021 | Class A Common Stock | 632K | See footnote | F1, F14, F15 | |
| transaction | NET | Class B Common Stock | Gift | $0 | +632K | +55.72% | $0.00 | 1.77M | May 25, 2021 | Class A Common Stock | 632K | See footnote | F1, F6 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -27.8K | -0.61% | $0.00 | 4.53M | May 25, 2021 | Class A Common Stock | 27.8K | See footnote | F1, F2, F16, F17 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -5.56K | -0.31% | $0.00 | 1.76M | May 25, 2021 | Class A Common Stock | 5.56K | See footnote | F1, F6 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -27.8K | -0.61% | $0.00 | 4.5M | May 26, 2021 | Class A Common Stock | 27.8K | See footnote | F1, F2 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -5.56K | -0.32% | $0.00 | 1.75M | May 26, 2021 | Class A Common Stock | 5.56K | See footnote | F1, F6 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -27.8K | -0.62% | $0.00 | 4.48M | May 27, 2021 | Class A Common Stock | 27.8K | See footnote | F1, F2 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -5.56K | -0.32% | $0.00 | 1.75M | May 27, 2021 | Class A Common Stock | 5.56K | See footnote | F1, F6 | |
| holding | NET | Class B Common Stock | 294K | May 25, 2021 | Class A Common Stock | 294K | See footnote | F1, F18 | ||||||
| holding | NET | Class B Common Stock | 2M | May 25, 2021 | Class A Common Stock | 2M | See footnote | F1, F19 |
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. |
| F2 | The shares are held of record by The Sutherland/Zatlyn Revocable Trust dated November 17, 2016, for which the reporting person serves as co-trustee (the "Revocable Trust"). |
| F3 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2020. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.96 to $79.95, 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 ranges set forth in footnotes (4) and (5) and (7) through (13) to this Form 4. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.96 to $80.69, inclusive. |
| F6 | The shares are held of record by The Sutherland/Zatlyn Irrevocable Remainder Trust dated December 15, 2017, for which the reporting person serves as co-trustee. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.48 to $80.47, inclusive. |
| F8 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.51 to $80.90, inclusive. |
| F9 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.23 to $79.22, inclusive. |
| F10 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.23 to $80.22, inclusive. |
| F11 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.25 to $81.24, inclusive. |
| F12 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.25 to $82.24, inclusive. |
| F13 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.25 to $82.97, inclusive. |
| F14 | Excludes 49,120 shares previously reported as held directly by The Sutherland/Zatlyn 2019 Annuity Trust dated February 28, 2019, for which the reporting person serves as co-trustee (the "2019 Annuity Trust"), which were re-registered on May 25, 2021 and are now held directly by the Revocable Trust. |
| F15 | The shares are held of record by the 2019 Annuity Trust. |
| F16 | Includes 49,120 shares previously reported as held directly by the 2019 Annuity Trust which were re-registered on May 25, 2021 and are now held directly by the Revocable Trust. |
| F17 | Excludes 2,000,000 shares previously reported as held directly by the Revocable Trust which were re-registered on May 25, 2021 and are now held directly by The Sutherland/Zatlyn 2021 Annuity Trust dated May 22, 2021, for which the reporting person serves as co-trustee (the "2021 Annuity Trust"). |
| F18 | The shares are held of record by SZ 2020 Irrevocable Trust dated November 25, 2020, for which the reporting person serves as an investment advisor. |
| F19 | Includes 2,000,000 shares previously reported as held directly by the Revocable Trust which were re-registered on May 25, 2021 and are now held directly by the 2021 Annuity Trust. |