Lapic S Aimee - Nov 15, 2021 Form 4 Insider Report for GoPro, Inc. (GPRO)

Signature
/s/ Jason Stephen, Attorney-in-Fact for S Aimee Lapic
Stock symbol
GPRO
Transactions as of
Nov 15, 2021
Transactions value $
-$117,751
Form type
4
Date filed
11/17/2021, 03:03 PM
Previous filing
Oct 19, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPRO Class A Common Stock Options Exercise $18.4K +4.84K +1.84% $3.81 268K Nov 15, 2021 Direct
transaction GPRO Class A Common Stock Sale -$53.5K -4.84K -1.8% $11.05 263K Nov 15, 2021 Direct F1, F2
transaction GPRO Class A Common Stock Tax liability -$41.4K -3.56K -1.35% $11.62 260K Nov 15, 2021 Direct F3
transaction GPRO Class A Common Stock Sale -$41.4K -3.62K -1.39% $11.43 256K Nov 16, 2021 Direct F1

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 Employee Stock Options (right to buy) Options Exercise $0 -4.84K -3.23% $0.00 145K Nov 15, 2021 Class A Common Stock 4.84K $3.81 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The reported price in Column 4 of Table I is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at prices ranging from $10.77 to $11.35, 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 range set forth in this footnote of this Form 4.
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.
F4 The option shall vest over a four year period as follows: 25% of the underlying shares shall vest on May 15, 2021 and 1/48 of the shares shall vest monthly thereafter, based on the Reporting Person's continuous service.