Douglas J. Herrington - 21 Aug 2024 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Douglas J. Herrington, CEO Worldwide Amazon Stores
Issuer symbol
AMZN
Transactions as of
21 Aug 2024
Net transactions value
-$1,106,048
Form type
4
Filing time
23 Aug 2024, 17:09:40 UTC
Previous filing
19 Aug 2024
Next filing
05 Sep 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 +12,660 +2.5% $0.000000 524,664 21 Aug 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +2,600 +0.5% $0.000000 527,264 21 Aug 2024 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $384,260 -2,128 -0.4% $180.57 525,136 21 Aug 2024 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $629,972 -3,472 -0.66% $181.44 521,664 21 Aug 2024 Direct F1, F3
transaction AMZN Common Stock, par value $.01 per share Sale $91,816 -504 -0.1% $182.18 521,160 21 Aug 2024 Direct F1, F4
holding AMZN Common Stock, par value $.01 per share 6,578 21 Aug 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 -12,660 -16% $0.000000 64,360 21 Aug 2024 Common Stock, par value $.01 per share 12,660 $0.000000 Direct F5, F6
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -2,600 -4% $0.000000 62,460 21 Aug 2024 Common Stock, par value $.01 per share 2,600 $0.000000 Direct F5, 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 11/06/2023.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $180.92 and the lowest price at which shares were sold was $179.97.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $182.06 and the lowest price at which shares were sold was $181.08.
F4 Represents the weighted average sale price. The highest price at which shares were sold was $182.31 and the lowest price at which shares were sold was $182.09.
F5 Converts into Common Stock on a one-for-one basis.
F6 This award vests based upon the following vesting schedule: 3,980 shares on each of May 21, 2022, August 21, 2022, November 21, 2022, and February 21, 2023; 4,900 shares on each of May 21, 2023, August 21, 2023, and November 21, 2023; 4,920 shares on February 21, 2024; 12,640 shares on May 21, 2024; 12,660 shares on each of August 21, 2024, November 21, 2024, and February 21, 2025; and 9,760 shares on each of May 21, 2025, August 21, 2025, November 21, 2025, and February 21, 2026.
F7 This award vests based upon the following vesting schedule: 2,600 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,520 shares on May 21, 2025; 3,500 shares on each of August 21, 2025, November 21, 2025, and February 21, 2026; 2,860 shares on May 21, 2026; 2,840 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,980 shares on May 21, 2027; and 7,960 shares on each of August 21, 2027, November 21, 2027, and 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.