Shelley Reynolds - 21 Feb 2024 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Shelley Reynolds, Vice President
Issuer symbol
AMZN
Transactions as of
21 Feb 2024
Net transactions value
-$523,807
Form type
4
Filing time
23 Feb 2024, 16:34:42 UTC
Previous filing
24 Nov 2023
Next filing
03 Apr 2024

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 +1,780 +1.5% $0.000000 121,560 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +1,260 +1% $0.000000 122,820 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +60 +0.05% $0.000000 122,880 21 Feb 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $523,807 -3,100 -2.5% $168.97 119,780 21 Feb 2024 Direct F1
holding AMZN Common Stock, par value $.01 per share 2,656 21 Feb 2024 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 -1,780 -100% $0.000000* 0 21 Feb 2024 Common Stock, par value $.01 per share 1,780 $0.000000 Direct F2, F3
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -1,260 -7.1% $0.000000 16,580 21 Feb 2024 Common Stock, par value $.01 per share 1,260 $0.000000 Direct F2, F4
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -60 -0.37% $0.000000 16,260 21 Feb 2024 Common Stock, par value $.01 per share 60 $0.000000 Direct F2, 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/13/2023.
F2 Converts into Common Stock on a one-for-one basis.
F3 This award vests based upon the following vesting schedule and the satisfaction of certain business criteria: 2,320 shares on each of May 21, 2022 and August 21, 2022; 2,340 shares on each of November 21, 2022 and February 21, 2023; 1,760 shares on each of May 21, 2023 and August 21, 2023; and 1,780 shares on each of November 21, 2023 and February 21, 2024.
F4 This award vests based upon the following vesting schedule: 1,140 shares on May 21, 2022; 1,160 shares on each of August 21, 2022, November 21, 2022, and February 21, 2023; 1,260 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 2,340 shares on each of May 21, 2024 and August 21, 2024; 2,360 shares on each of November 21, 2024 and February 21, 2025; 1,780 shares on May 21, 2025; and 1,800 shares on each of August 21, 2025, November 21, 2025, and February 21, 2026.
F5 This award vests based upon the following vesting schedule: 80 shares on each of May 21, 2023, August 21, 2023, and November 21, 2023; 60 shares on February 21, 2024; 360 shares on each of May 21, 2024 and August 21, 2024; 340 shares on each of November 21, 2024 and February 21, 2025; 560 shares on each of May 21, 2025 and August 21, 2025; 540 shares on each of November 21, 2025 and February 21, 2026; 1,820 shares on May 21, 2026; 1,800 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; and 1,360 shares on each of May 21, 2027, August 21, 2027, November 21, 2027, and February 21, 2028.