Adam Selipsky - 15 Aug 2023 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 Aug 2023
Net transactions value
-$9,866,798
Form type
4
Filing time
17 Aug 2023, 19:12:18 UTC
Previous filing
26 Jul 2023
Next filing
23 Aug 2023

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 +25,640 +17% $0.000000 174,920 15 Aug 2023 Direct
transaction AMZN Common Stock, par value $.01 per share Sale $817,744 -5,919 -3.4% $138.16 169,001 15 Aug 2023 Direct F1, F2
transaction AMZN Common Stock, par value $.01 per share Sale $278,809 -2,000 -1.2% $139.40 167,001 15 Aug 2023 Direct F1, F3
transaction AMZN Common Stock, par value $.01 per share Sale $8,667,596 -61,895 -37% $140.04 105,106 15 Aug 2023 Direct F1, F4
transaction AMZN Common Stock, par value $.01 per share Sale $34,149 -242 -0.23% $141.11 104,864 15 Aug 2023 Direct F1, F5
transaction AMZN Common Stock, par value $.01 per share Sale $68,500 -500 -0.48% $137.00 104,364 16 Aug 2023 Direct F1
holding AMZN Common Stock, par value $.01 per share 340 15 Aug 2023 In trust
holding AMZN Common Stock, par value $.01 per share 143 15 Aug 2023 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 -25,640 -12% $0.000000 193,360 15 Aug 2023 Common Stock, par value $.01 per share 25,640 $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 $138.66 and the lowest price at which shares were sold was $137.75.
F3 Represents the weighted average sale price. The highest price at which shares were sold was $139.75 and the lowest price at which shares were sold was $138.81.
F4 Represents the weighted average sale price. The highest price at which shares were sold was $140.86 and the lowest price at which shares were sold was $139.91.
F5 Represents the weighted average sale price. The highest price at which shares were sold was $141.15 and the lowest price at which shares were sold was $141.07.
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.