Andrew R. Jassy - May 21, 2024 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Andrew R. Jassy, President and CEO
Stock symbol
AMZN
Transactions as of
May 21, 2024
Transactions value $
-$3,770,948
Form type
4
Date filed
5/23/2024, 06:02 PM
Previous filing
Mar 6, 2024
Next filing
Aug 23, 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 +32K +1.6% $0.00 2.03M May 21, 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +20K +0.99% $0.00 2.05M May 21, 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale -$3.3M -18.2K -0.89% $181.34 2.03M May 21, 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale -$475K -2.61K -0.13% $182.13 2.03M May 21, 2024 Direct F1, F3
holding AMZN Common Stock, par value $.01 per share 65.5K May 21, 2024 In trust
holding AMZN Common Stock, par value $.01 per share 9.89K May 21, 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 -32K -14.11% $0.00 195K May 21, 2024 Common Stock, par value $.01 per share 32K $0.00 Direct F4, F5
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -20K -1.69% $0.00 1.16M May 21, 2024 Common Stock, par value $.01 per share 20K $0.00 Direct F4, 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 11/16/2023.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $181.83 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 $182.67 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: 31,960 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; and 24,680 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026.
F6 This award vests based upon the following vesting schedule: 10,000 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 20,000 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 25,000 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026; and 50,000 shares on each of May 21, 2026, August 21, 2026, November 21, 2026, February 21, 2027, May 21, 2027, August 21, 2027, November 21, 2027, February 21, 2028, May 21, 2028, August 21, 2028, November 21, 2028, February 21, 2029, May 21, 2029, August 21, 2029, November 21, 2029, February 21, 2030, May 21, 2030, August 21, 2030, November 21, 2030, and February 21, 2031.

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.