John L. Hennessy - Jun 13, 2023 Form 4 Insider Report for Alphabet Inc. (GOOG)

Role
Director
Signature
/s/ Valentina Margulis, as Attorney-in-Fact for John L. Hennessy
Stock symbol
GOOG
Transactions as of
Jun 13, 2023
Transactions value $
-$25,130
Form type
4
Date filed
6/13/2023, 05:14 PM
Previous filing
May 22, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$25.1K -200 -3.37% $125.65 5.74K Jun 13, 2023 By Trust
holding GOOG Class C Capital Stock 5.06K Jun 13, 2023 Direct
holding GOOG Class A Common Stock 33.2K Jun 13, 2023 By Trust
holding GOOG Class C Google Stock Units 200 Jun 13, 2023 Direct F1
holding GOOG Class C Google Stock Units 1.92K Jun 13, 2023 Direct F2
holding GOOG Class C Google Stock Units 2.1K Jun 13, 2023 Direct F3
holding GOOG Class C Google Stock Units 3.44K Jun 13, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Class C Google Stock Units (GSU) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vest. 1/48th of GSU grant will vest on July 25, 2019 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
F2 1/48th of GSU grant will vest on July 25, 2020 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
F3 1/48th of GSU grant will vest on July 25, 2021 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
F4 1/48th of GSU grant will vest on July 25, 2022 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.

Remarks:

Transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person's Trust on October 28, 2022.