Brian T. Olsavsky - Aug 21, 2023 Form 4 Insider Report for AMAZON COM INC (AMZN)

Signature
/s/ by Mark F. Hoffman as attorney-in-fact for Brian T. Olsavsky, Senior Vice President and CFO
Stock symbol
AMZN
Transactions as of
Aug 21, 2023
Transactions value $
-$2,244,648
Form type
4
Date filed
8/23/2023, 05:11 PM
Previous filing
May 23, 2023
Next filing
Nov 24, 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 +10.6K +21.67% $0.00 59.6K Aug 21, 2023 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +3.94K +6.61% $0.00 63.6K Aug 21, 2023 Direct
transaction AMZN Common Stock, par value $.01 per share Options Exercise $0 +2.24K +3.52% $0.00 65.8K Aug 21, 2023 Direct
transaction AMZN Common Stock, par value $.01 per share Sale -$2.24M -16.8K -25.53% $133.61 49K Aug 21, 2023 Direct F1
holding AMZN Common Stock, par value $.01 per share 1.52K Aug 21, 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 -10.6K -33.33% $0.00 21.2K Aug 21, 2023 Common Stock, par value $.01 per share 10.6K $0.00 Direct F2, F3
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -3.94K -4.27% $0.00 88.4K Aug 21, 2023 Common Stock, par value $.01 per share 3.94K $0.00 Direct F2, F4
transaction AMZN Restricted Stock Unit Award Options Exercise $0 -2.24K -2.12% $0.00 103K Aug 21, 2023 Common Stock, par value $.01 per share 2.24K $0.00 Direct F2, 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 05/15/2023.
F2 Converts into Common Stock on a one-for-one basis.
F3 This award vests based upon the following vesting schedule and the satisfaction of certain business criteria: 13,760 shares on each of May 21, 2022 and August 21, 2022; 13,780 shares on each of November 21, 2022 and February 21, 2023; 10,600 shares on May 21, 2023; and 10,620 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024.
F4 This award vests based upon the following vesting schedule: 2,960 shares on each of May 21, 2022, August 21, 2022, and November 21, 2022; 2,980 shares on February 21, 2023; 3,940 shares on each of May 21, 2023, August 21, 2023, November 21, 2023, and February 21, 2024; 11,360 shares on each of May 21, 2024, August 21, 2024, and November 21, 2024; 11,380 shares on February 21, 2025; 8,760 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; and 8,780 shares on February 21, 2026.
F5 This award vests based upon the following vesting schedule: 2,260 shares on May 21, 2023; 2,240 shares on each of August 21, 2023, November 21, 2023, and February 21, 2024; 3,240 shares on each of May 21, 2024, August 21, 2024, November 21, 2024, and February 21, 2025; 3,940 shares on each of May 21, 2025, August 21, 2025, and November 21, 2025; 3,920 shares on February 21, 2026; 9,920 shares on May 21, 2026; 9,900 shares on each of August 21, 2026, November 21, 2026, and February 21, 2027; 7,640 shares on May 21, 2027; and 7,620 shares on each of August 21, 2027, November 21, 2027, and February 21, 2028.