Prabhakar Raghavan - Jul 1, 2024 Form 4 Insider Report for Alphabet Inc. (GOOGL)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Prabhakar Raghavan
Stock symbol
GOOGL
Transactions as of
Jul 1, 2024
Transactions value $
-$600,172
Form type
4
Date filed
7/2/2024, 01:53 PM
Previous filing
Jun 27, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOGL Class C Capital Stock Gift $0 +24.2K +7.5% $0.00 346K Jul 2, 2024 By Prabhakar Raghavan, Srilatha Raghavan, UA 01-12-2000 Raghavan Living Trust
transaction GOOGL Class C Capital Stock Gift $0 -24.2K -88.08% $0.00 3.27K Jul 2, 2024 Direct
transaction GOOGL Class C Capital Stock Sale -$275K -1.5K -45.86% $183.58 1.77K Jul 1, 2024 Direct F1
transaction GOOGL Class C Capital Stock Sale -$306K -1.66K -93.85% $184.29 109 Jul 1, 2024 Direct F2
transaction GOOGL Class C Capital Stock Sale -$18.5K -100 -91.74% $185.14 9 Jul 1, 2024 Direct
holding GOOGL Class C Google Stock Units 26.3K Jul 1, 2024 Direct F3
holding GOOGL Class C Google Stock Units 108K Jul 1, 2024 Direct F4
holding GOOGL Class C Google Stock Units 121K Jul 1, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.94 to $183.93, inclusive. The Reporting Person undertakes to provide to any security holder of Alphabet Inc. 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 (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.98 to $184.97, inclusive.
F3 The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/12th of the GSU grant vested on March 25, 2022 and an additional 1/12th will vest quarterly thereafter until fully vested, in each case subject to continued employment on the applicable vesting dates.
F4 1/6th of the GSU grant vested on June 25, 2023 and an additional 1/12th of the grant will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates.
F5 1/6th of the GSUs vested on June 25, 2024; 1/12th of the GSUs will vest on September 25, 2024, and an additional 1/12th of the GSUs will vest quarterly thereafter on the 25th day of the month until the GSUs are fully vested, subject to continued employment on the applicable vesting dates.

Remarks:

Sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on February 24, 2023.