Adam Selipsky - 21 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
21 May 2024
Net transactions value
-$836,337
Form type
4
Filing time
23 May 2024, 17:32:45 UTC
Previous filing
17 May 2024
Next filing
23 Jul 2025

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 +9,000 +6.4% $0.000000 150,124 21 May 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $536,035 -2,956 -2% $181.34 147,168 21 May 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $208,377 -1,144 -0.78% $182.15 146,024 21 May 2024 Direct F1, F3
transaction AMZN Common Stock, par value $.01 per share Sale $91,925 -500 -0.34% $183.85 145,524 22 May 2024 Direct F1
holding AMZN Common Stock, par value $.01 per share 340 21 May 2024 In trust
holding AMZN Common Stock, par value $.01 per share 143 21 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 -9,000 -4.2% $0.000000 205,900 21 May 2024 Common Stock, par value $.01 per share 9,000 $0.000000 Direct F4, 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 05/05/2023.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $181.85 and the lowest price at which shares were sold was $180.86.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $182.68 and the lowest price at which shares were sold was $181.87.
F4 Converts into Common Stock on a one-for-one basis.
F5 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.