Adam Selipsky - 21 Nov 2023 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Adam Selipsky, CEO Amazon Web Services
Issuer symbol
AMZN
Transactions as of
21 Nov 2023
Net transactions value
-$586,954
Form type
4
Filing time
24 Nov 2023, 16:23:39 UTC
Previous filing
17 Nov 2023
Next filing
08 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +7,760 +6.6% $0.000000 125,164 21 Nov 2023 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $252,799 -1,777 -1.4% $142.26 123,387 21 Nov 2023 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $247,002 -1,724 -1.4% $143.27 121,663 21 Nov 2023 Direct F1, F3
transaction AMZN Common Stock, par value $.01 per share Sale $14,814 -103 -0.08% $143.82 121,560 21 Nov 2023 Direct F1, F4
transaction AMZN Common Stock, par value $.01 per share Sale $72,340 -500 -0.41% $144.68 121,060 22 Nov 2023 Direct F1
holding AMZN Common Stock, par value $.01 per share 340 21 Nov 2023 In trust
holding AMZN Common Stock, par value $.01 per share 143 21 Nov 2023 Amazon.com 401(k) plan account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -7,760 -3.4% $0.000000 222,660 21 Nov 2023 Common Stock, par value $.01 per share 7,760 $0.000000 Direct F5, F6
* 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/05/2023.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $142.76 and the lowest price at which shares were sold was $141.77.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $143.76 and the lowest price at which shares were sold was $142.78.
F4 Represents the weighted average sale price. The highest price at which shares were sold was $143.84 and the lowest price at which shares were sold was $143.82.
F5 Converts into Common Stock on a one-for-one basis.
F6 This award vests based upon the following vesting schedule: 7,780 shares on May 21, 2023; 7,760 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 9,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 9,780 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; 19,740 shares on each of May 21, 2026 and August 21, 2026; 19,720 shares on each of November 21, 2026 and February 21, 2027; 15,220 shares on each of May 21, 2027, August 21, 2027, and November 21, 2027; and 15,200 shares on February 21, 2028.

Remarks:

The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.