Nicholas Woodman - May 24, 2021 Form 4 Insider Report for GoPro, Inc. (GPRO)

Role
CEO, Chairman of the Board, Director, 10%+ Owner
Signature
Jason Stephen, Attorney-in-Fact for Nicholas Woodman
Stock symbol
GPRO
Transactions as of
May 24, 2021
Transactions value $
-$2,070,920
Form type
4
Date filed
5/26/2021, 04:04 PM
Previous filing
May 19, 2021
Next filing
Jun 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPRO Class A Common Stock Conversion of derivative security $0 +200K $0.00 200K May 24, 2021 By The Woodman Family Trust under Trust Agreement dated March 11, 2011 F1
transaction GPRO Class A Common Stock Sale -$2.07M -200K -100% $10.35 0 May 24, 2021 By The Woodman Family Trust under Trust Agreement dated March 11, 2011 F1, F2, F3
holding GPRO Class A Common Stock 662K May 24, 2021 Direct

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 GPRO Class B Common Stock Conversion of derivative security $0 -200K -0.76% $0.00 26.1M May 24, 2021 Class A Common Stock 200K By The Woodman Family Trust under Trust Agreement dated March 11, 2011 F1, F4
holding GPRO Class B Common Stock 966K May 24, 2021 Class A Common Stock 966K By 2019 GRAT F4
holding GPRO Class B Common Stock 966K May 24, 2021 Class A Common Stock 966K By Spouse's 2019 GRAT F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011.
F2 The sale reported in this line item was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.01 to $10.61 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon certain transfers of such shares.