| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Class A Common Stock | Conversion of derivative security | +34,500 | +233% | 49,285 | 18 Aug 2021 | Direct | F1, F2 | ||
| transaction | NET | Class A Common Stock | Sale | $1,050,432 | -8,970 | -18% | $117.10 | 40,315 | 18 Aug 2021 | Direct | F3, F4 |
| transaction | NET | Class A Common Stock | Sale | $2,219,004 | -18,810 | -47% | $117.97 | 21,505 | 18 Aug 2021 | Direct | F3, F5 |
| transaction | NET | Class A Common Stock | Sale | $977,757 | -8,220 | -38% | $118.95 | 13,285 | 18 Aug 2021 | Direct | F3, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NET | Employee Stock Option (right to buy) | Options Exercise | $0 | -34,500 | -29% | $0.000000 | 85,500 | 18 Aug 2021 | Class B Common Stock | 34,500 | $9.97 | Direct | F7 |
| transaction | NET | Class B Common Stock | Options Exercise | $0 | +34,500 | $0.000000 | 34,500 | 18 Aug 2021 | Class A Common Stock | 34,500 | Direct | F1 | ||
| transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -34,500 | -100% | $0.000000* | 0 | 18 Aug 2021 | Class A Common Stock | 34,500 | Direct | F1 | |
| holding | NET | Employee Stock Option (right to buy) | 120,000 | 18 Aug 2021 | Class B Common Stock | 120,000 | $9.97 | Direct | F8 |
| 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 | Includes an aggregate of 2,246 shares of Class A Common Stock acquired under the Issuer's employee stock purchase plan on November 13, 2020, May 15, 2020 and May 14, 2021. |
| F3 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2021. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.53 to $117.52, 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 (6) 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 $117.53 to $118.50, inclusive. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.65 to $119.14, inclusive. |
| F7 | The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments beginning on March 31, 2020. |
| F8 | The option is subject to an early exercise provision and is immediately exercisable. 1/4th of the shares vested on March 11, 2020 and 1/16th of the shares vest in 12 equal quarterly installments thereafter. |