Amie Thuener O'Toole - 15 Oct 2024 Form 4 Insider Report for Alphabet Inc. (GOOGL)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Amie Thuener O'Toole
Issuer symbol
GOOGL
Transactions as of
15 Oct 2024
Net transactions value
-$473,930
Form type
4
Filing time
15 Oct 2024, 17:32:28 UTC
Previous filing
02 Oct 2024
Next filing
28 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOGL Class C Capital Stock Sale $473,930 -2,834 -9.7% $167.23 26,349 15 Oct 2024 Direct
holding GOOGL Class A Common Stock 8,940 15 Oct 2024 Direct
holding GOOGL Class C Google Stock Units 13,806 15 Oct 2024 Direct F1
holding GOOGL Class C Google Stock Units 24,352 15 Oct 2024 Direct F2
* 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 GSUs entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/14th of the grant vests on the 25th day of each month 10 months after the grant date and an additional 1/14th will vest monthly on the 25th day of each month thereafter, subject to continued employment on each vesting date.
F2 /18th of the grant will vest on the 25th day of the month starting on March 25, 2025; 1/36th of the grant will vest on the 25th day of each month starting on March 25, 2026; and 1/36th of the grant will vest on March 1, 2027, subject to continued employment on each vesting date.

Remarks:

Transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 31, 2024.