Adam Selipsky - 15 May 2024 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
15 May 2024
Net transactions value
-$1,665,456
Form type
4
Filing time
17 May 2024, 16:40:04 UTC
Previous filing
22 Apr 2024
Next filing
23 May 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 +20,040 +15% $0.000000 150,140 15 May 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $320,759 -1,748 -1.2% $183.50 148,392 15 May 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $618,454 -3,356 -2.3% $184.28 145,036 15 May 2024 Direct F1, F3
transaction AMZN Common Stock, par value $.01 per share Sale $548,692 -2,957 -2% $185.56 142,079 15 May 2024 Direct F1, F4
transaction AMZN Common Stock, par value $.01 per share Sale $84,711 -455 -0.32% $186.18 141,624 15 May 2024 Direct F1, F5
transaction AMZN Common Stock, par value $.01 per share Sale $92,840 -500 -0.35% $185.68 141,124 16 May 2024 Direct F1
holding AMZN Common Stock, par value $.01 per share 340 15 May 2024 In trust
holding AMZN Common Stock, par value $.01 per share 143 15 May 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 -20,040 -14% $0.000000 122,040 15 May 2024 Common Stock, par value $.01 per share 20,040 $0.000000 Direct F6, F7
* 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 $183.87 and the lowest price at which shares were sold was $182.88.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $184.82 and the lowest price at which shares were sold was $183.89.
F4 Represents the weighted average sale price. The highest price at which shares were sold was $185.93 and the lowest price at which shares were sold was $184.96.
F5 Represents the weighted average sale price. The highest price at which shares were sold was $186.27 and the lowest price at which shares were sold was $186.02.
F6 Converts into Common Stock on a one-for-one basis.
F7 This award vests based upon the following vesting schedule: 67,800 shares on August 15, 2021; 33,900 shares on November 15, 2021; 33,920 shares on February 15, 2022; 29,480 shares on each of May 15, 2022, August 15, 2022, and November 15, 2022; 29,500 shares on February 15, 2023; 25,620 shares on May 15, 2023; 25,640 shares on each of August 15, 2023, November 15, 2023, and February 15, 2024; 20,040 shares on each of May 15, 2024, August 15, 2024, and November 15, 2024; 20,060 shares on February 15, 2025; 15,460 shares on May 15, 2025; and 15,480 shares on each of August 15, 2025, November 15, 2025, and February 15, 2026.

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.