Artur Bergman - Jul 12, 2021 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Chief Architect, Exec. Chair, Director
Signature
/s/ Seth Gottlieb, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
Jul 12, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 09:12 PM
Previous filing
Jul 8, 2021
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Conversion of derivative security +5.72M +1908.46% 6.02M Jul 12, 2021 Direct F1
transaction FSLY Class A Common Stock Conversion of derivative security +840K 840K Jul 12, 2021 See footnote F1, F2
transaction FSLY Class A Common Stock Conversion of derivative security +210K 210K Jul 12, 2021 See footnote F1, F3
transaction FSLY Class A Common Stock Conversion of derivative security +210K 210K Jul 12, 2021 See footnote F1, F4
transaction FSLY Class A Common Stock Conversion of derivative security +1M 1M Jul 12, 2021 See footnote F1, F5

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 FSLY Class B Common Stock Conversion of derivative security $0 -5.72M -100% $0.00* 0 Jul 12, 2021 Class A Common Stock 5.72M Direct F1
transaction FSLY Class B Common Stock Conversion of derivative security $0 -840K -100% $0.00* 0 Jul 12, 2021 Class A Common Stock 840K See footnote F1, F2
transaction FSLY Class B Common Stock Conversion of derivative security $0 -210K -100% $0.00* 0 Jul 12, 2021 Class A Common Stock 210K See footnote F1, F3
transaction FSLY Class B Common Stock Conversion of derivative security $0 -210K -100% $0.00* 0 Jul 12, 2021 Class A Common Stock 210K See footnote F1, F4
transaction FSLY Class B Common Stock Conversion of derivative security $0 -1M -100% $0.00* 0 Jul 12, 2021 Class A Common Stock 1M See footnote F1, F5
transaction FSLY Employee Stock Option (Right to Buy) Other $0 -919K -100% $0.00* 0 Jul 12, 2021 Class B Common Stock 919K $1.15 Direct F6, F7
transaction FSLY Employee Stock Option (Right to Buy) Other $0 +919K $0.00 919K Jul 12, 2021 Class A Common Stock 919K $1.15 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 12, 2020, the Issuer's outstanding shares of Class B Common Stock represented less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation, as amended, on July 12, 2021.
F2 The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
F3 The shares are held by The Artur Bergman Remainder Trust Two DTD 5/2/2019, of which the reporting person is the investment advisor.
F4 The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
F5 The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 1, of which the reporting person is trustee.
F6 In connection with the automatic conversion described in footnote (1), outstanding Class B Common Stock options that were issued under the Issuer's 2011 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
F7 Fully vested.