| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MA | Employee Stock Option (right to buy) | Options Exercise | $0 | -3.66K | -100% | $0.00* | 0 | Jun 13, 2023 | Class A Common Stock | 3.66K | $112.31 | Direct | F1, F8 |
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 | The transactions reported in this Form 4 were effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on March 14, 2023. |
| F2 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $370.06 to $371.04. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F3 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $371.08 to $371.90. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F4 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $372.18 to $373.09. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F5 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $373.47 to $374.23. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F6 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $374.71 to $375.31. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F7 | The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $376.10 to $376.66. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range. |
| F8 | The reporting person was awarded 17,664 employee stock options on March 1, 2017, which had fully vested. |