| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Class A Common Stock | Conversion of derivative security | +52.4K | +486.79% | 63.1K | Sep 4, 2024 | See footnote | F1, F2 | ||
| transaction | NET | Class A Common Stock | Sale | -$778K | -10.1K | -15.94% | $77.30 | 53.1K | Sep 4, 2024 | See footnote | F2, F3, F4 |
| transaction | NET | Class A Common Stock | Sale | -$2.43M | -31.2K | -58.74% | $77.96 | 21.9K | Sep 4, 2024 | See footnote | F2, F3, F5 |
| transaction | NET | Class A Common Stock | Sale | -$864K | -10.9K | -49.94% | $79.02 | 11K | Sep 4, 2024 | See footnote | F2, F3, F6 |
| transaction | NET | Class A Common Stock | Sale | -$16.2K | -203 | -1.85% | $79.59 | 10.8K | Sep 4, 2024 | See footnote | F2, F3, F7 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +52.4K | +486.79% | 63.1K | Sep 5, 2024 | See footnote | F1, F2 | ||
| transaction | NET | Class A Common Stock | Sale | -$498K | -6.4K | -10.13% | $77.87 | 56.7K | Sep 5, 2024 | See footnote | F2, F3, F8 |
| transaction | NET | Class A Common Stock | Sale | -$3.55M | -45.2K | -79.6% | $78.58 | 11.6K | Sep 5, 2024 | See footnote | F2, F3, F9 |
| transaction | NET | Class A Common Stock | Sale | -$64.4K | -813 | -7.02% | $79.25 | 10.8K | Sep 5, 2024 | See footnote | F2, F3, F10 |
| transaction | NET | Class A Common Stock | Conversion of derivative security | +52.4K | +486.79% | 63.1K | Sep 6, 2024 | See footnote | F1, F2 | ||
| transaction | NET | Class A Common Stock | Sale | -$3.14M | -41.2K | -65.26% | $76.22 | 21.9K | Sep 6, 2024 | See footnote | F2, F3, F11 |
| transaction | NET | Class A Common Stock | Sale | -$411K | -5.34K | -24.34% | $76.99 | 16.6K | Sep 6, 2024 | See footnote | F2, F3, F12 |
| transaction | NET | Class A Common Stock | Sale | -$408K | -5.2K | -31.33% | $78.39 | 11.4K | Sep 6, 2024 | See footnote | F2, F3, F13 |
| transaction | NET | Class A Common Stock | Sale | -$50.3K | -636 | -5.58% | $79.01 | 10.8K | Sep 6, 2024 | See footnote | F2, F3, F14 |
| holding | NET | Class A Common Stock | 192K | Sep 4, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -52.4K | -0.6% | $0.00 | 8.75M | Sep 4, 2024 | Class A Common Stock | 52.4K | See footnote | F1, F2, F15, F16 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -52.4K | -0.6% | $0.00 | 8.7M | Sep 5, 2024 | Class A Common Stock | 52.4K | See footnote | F1, F2 | |
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -52.4K | -0.6% | $0.00 | 8.65M | Sep 6, 2024 | Class A Common Stock | 52.4K | See footnote | F1, F2 | |
| holding | NET | Class B Common Stock | 6.93M | Sep 4, 2024 | Class A Common Stock | 6.93M | See footnote | F1, F17 | ||||||
| holding | NET | Class B Common Stock | 1.06M | Sep 4, 2024 | Class A Common Stock | 1.06M | See footnote | F1, F18 | ||||||
| holding | NET | Class B Common Stock | 0 | Sep 4, 2024 | Class A Common Stock | 0 | See footnote | F1, F19, F20 | ||||||
| holding | NET | Class B Common Stock | 2.05M | Sep 4, 2024 | Class A Common Stock | 2.05M | See footnote | F1, F21 | ||||||
| holding | NET | Class B Common Stock | 2.37M | Sep 4, 2024 | Class A Common Stock | 2.37M | See footnote | F1, F22, F23 | ||||||
| holding | NET | Class B Common Stock | 4M | Sep 4, 2024 | Class A Common Stock | 4M | See footnote | F1, F24 | ||||||
| holding | NET | Class B Common Stock | 4M | Sep 4, 2024 | Class A Common Stock | 4M | See footnote | F1, F25, F26 |
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).
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. |
| F2 | The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| F3 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2023. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.56 to $77.555, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (14) to this Form 4. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.56 to $78.555, inclusive. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.58 to $79.53, inclusive. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.58 to $79.60, inclusive. |
| F8 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.15 to $78.14, inclusive. |
| F9 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.15 to $79.145, inclusive. |
| F10 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.175 to $79.29, inclusive. |
| F11 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.72 to $76.695, inclusive. |
| F12 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.73 to $77.43, inclusive. |
| F13 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.83 to $78.795, inclusive. |
| F14 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.85 to $79.065, inclusive. |
| F15 | Includes 2,478,738 shares previously reported as held directly by The Matthew Prince 2022 Grantor Retained Annuity Trust UA 08/12/2022, for which the reporting person serves as co-trustee and investment advisor (the "2022 Annuity Trust") and 1,525,379 shares previously reported as held directly by The Matthew Prince 2023 Grantor Retained Annuity Trust 2 UA 08/14/2023, for which the reporting person serves as co-trustee and investment advisor (the "2023 Annuity Trust #2") which were re-registered on August 23, 2024 and are now held directly by the Revocable Trust. |
| F16 | Excludes 4,004,117 shares previously reported as held directly by the Revocable Trust which were re-registered on August 23, 2024 and are now held directly by The Matthew Prince 2024 Grantor Retained Annuity Trust 2 UA 08/20/2024, for which the reporting person serves as co-trustee and investment advisor (the "2024 Annuity Trust #2"). |
| F17 | The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor. |
| F18 | The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor. |
| F19 | Excludes 2,478,738 shares previously reported as held directly by the 2022 Annuity Trust which were re-registered on August 23, 2024 and are now held directly by the Revocable Trust. |
| F20 | The shares are held of record by the 2022 Annuity Trust. |
| F21 | The shares are held of record by The Matthew Prince 2023 Grantor Retained Annuity Trust UA 05/22/2023, for which the reporting person serves as co-trustee and investment advisor. |
| F22 | Excludes 1,525,379 shares previously reported as held directly by the 2023 Annuity Trust #2 which were re-registered on August 23, 2024 and are now held directly by the Revocable Trust. |
| F23 | The shares are held of record by the 2023 Annuity Trust #2. |
| F24 | The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust UA 05/20/2024, for which the reporting person serves as co-trustee and investment advisor. |
| F25 | Consists of 4,004,117 shares previously reported as held directly by the Revocable Trust which were re-registered on August 23, 2024 and are now held directly by the 2024 Annuity Trust #2. |
| F26 | The shares are held of record by the 2024 Annuity Trust #2. |