Brian McGee - 16 Aug 2021 Form 4 Insider Report for GoPro, Inc. (GPRO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Aug 2021, 16:03:34 UTC
Prior SEC filing
26 May 2021
Next SEC filing
17 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jason Stephen, Attorney-in-Fact for Brian McGee

Key filing fact

Brian McGee filed Form 4 for GoPro, Inc. (GPRO) on 18 Aug 2021.

Key facts

  • This page summarizes Brian McGee's Form 4 filing for GoPro, Inc. (GPRO).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Aug 2021, 16:03.

Change

  • Previous filing in this sequence was filed on 26 May 2021.
  • Current net transaction value: -$176,884.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GPRO transaction

Class A Common Stock

Options Exercise

Transaction value
$72,272
Shares
+12,591
Change %
+4.2%
Price
$5.74
Shares after
311,830
Date
16 Aug 2021
Ownership
Direct
GPRO transaction

Class A Common Stock

Options Exercise

Transaction value
$36,891
Shares
+9,042
Change %
+2.9%
Price
$4.08
Shares after
320,872
Date
16 Aug 2021
Ownership
Direct
GPRO transaction

Class A Common Stock

Sale

Transaction value
$217,308
Shares
-21,633
Change %
-6.7%
Price
$10.05
Shares after
299,239
Date
16 Aug 2021
Ownership
Direct
Footnotes
F1, F2
GPRO transaction

Class A Common Stock

Tax liability

Transaction value
$31,548
Shares
-3,096
Change %
-1%
Price
$10.19
Shares after
296,143
Date
16 Aug 2021
Ownership
Direct
Footnotes
F3
GPRO transaction

Class A Common Stock

Sale

Transaction value
$37,191
Shares
-3,708
Change %
-1.3%
Price
$10.03
Shares after
292,435
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1
GPRO holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
276
Date
16 Aug 2021
Ownership
By Spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GPRO transaction Derivative

Employee Stock Options (right to buy)

Options Exercise

Transaction value
$0
Shares
-12,591
Change %
-33%
Price
$0.000000
Shares after
25,184
Date
16 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
12,591
Exercise price
$5.74
Footnotes
F4
GPRO transaction Derivative

Employee Stock Options (right to buy)

Options Exercise

Transaction value
$0
Shares
-9,042
Change %
-9.1%
Price
$0.000000
Shares after
90,423
Date
16 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
9,042
Exercise price
$4.08
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.

Footnote F2

The price reported in Column 4 of Table I is a weighted average sale price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $9.965 to $10.19, 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 the footnote of this Form 4.

Footnote F3

Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this line item were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this line item for any reason other than to cover required taxes.

Footnote F4

The option vests over a four year period as follows: 25% of the underlying shares shall vest on February 15, 2019, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.

Footnote F5

The option vests over a four-year period as follows: 25% of the underlying shares shall vest on February 15, 2021, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.

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