Lapic S Aimee - Feb 15, 2022 Form 4 Insider Report for GoPro, Inc. (GPRO)

Role
SVP, Chf. Digital & Mktg. Off
Signature
/s/ Jason Stephen, Attorney-in-Fact for S Aimee Lapic
Stock symbol
GPRO
Transactions as of
Feb 15, 2022
Transactions value $
-$129,046
Form type
4
Date filed
2/17/2022, 03:24 PM
Previous filing
Feb 4, 2022
Next filing
Feb 22, 2022

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 +1.69% $3.81 292K Feb 15, 2022 Direct
transaction GPRO Class A Common Stock Options Exercise $81.9K +10.4K +3.55% $7.91 302K Feb 15, 2022 Direct
transaction GPRO Class A Common Stock Sale -$137K -15.2K -5.03% $9.00 287K Feb 15, 2022 Direct F1
transaction GPRO Class A Common Stock Tax liability -$92.4K -10.2K -3.56% $9.06 277K Feb 15, 2022 Direct F2
transaction GPRO Class A Common Stock Sale -$207 -23 -0.01% $9.00 277K Feb 16, 2022 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 -3.57% $0.00 131K Feb 15, 2022 Class A Common Stock 4.84K $3.81 Direct F3
transaction GPRO Employee Stock Options (right to buy) Options Exercise $0 -10.4K -25% $0.00 31.1K Feb 15, 2022 Class A Common Stock 10.4K $7.91 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 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.
F3 The option vests 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.
F4 The option vests over a four-year period as follows: 25% of the underlying shares shall vest on February 15, 2022 and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.