John Kent Walker - 27 Sep 2024 Form 4 Insider Report for Alphabet Inc. (GOOGL)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for John Kent Walker
Issuer symbol
GOOGL
Transactions as of
27 Sep 2024
Net transactions value
-$2,780,294
Form type
4
Filing time
30 Sep 2024, 18:36:33 UTC
Previous filing
26 Sep 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOGL Class C Capital Stock Sale $2,780,294 -16,802 -28% $165.47 43,999 27 Sep 2024 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
transaction GOOGL Class C Capital Stock Gift $0 +16,802 +38% $0.000000 60,801 30 Sep 2024 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
transaction GOOGL Class C Capital Stock Gift $0 -16,802 -42% $0.000000 23,498 30 Sep 2024 Direct
holding GOOGL Class C Google Stock Units 10,325 27 Sep 2024 Direct F1
holding GOOGL Class C Google Stock Units 70,691 27 Sep 2024 Direct F2
holding GOOGL Class C Google Stock Units 85,253 27 Sep 2024 Direct F3
* 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 Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSUs as each GSUs vests. 1/12th of the GSUs vested on March 25, 2022 and an additional 1/12th of the GSUs will vest quarterly thereafter until the GSUs are fully vested, subject to continued employment on the applicable vesting dates.
F2 1/6th of the GSUs vested on June 25, 2023 and an additional 1/12th of the GSUs will vest quarterly thereafter until the GSUs are fully vested, subject to continuing employment on the applicable vesting dates.
F3 1/6th of the GSUs will vest 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:

Transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by The Arete Trust on May 29, 2024.