Charles Lafrades - Aug 15, 2023 Form 4 Insider Report for GoPro, Inc. (GPRO)

Signature
/s/ Jason Stephen, Attorney-in-Fact for Charles Lafrades
Stock symbol
GPRO
Transactions as of
Aug 15, 2023
Transactions value $
-$56,718
Form type
4
Date filed
8/17/2023, 04:09 PM
Previous filing
May 15, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPRO Class A Common Stock Tax liability -$28.9K -7.74K -6.4% $3.74 113K Aug 15, 2023 Direct F1, F2
transaction GPRO Class A Common Stock Sale -$27.8K -7.57K -6.69% $3.67 106K Aug 16, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 1,324 shares acquired under the Issuer's employee stock purchase plan on August 15, 2023.
F3 The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2022 and amended as of February 24, 2023, entered into and amended prior to the effectiveness of the revised requirement of Rule 10b5-1(c).