Amie Thuener O'Toole - Sep 5, 2023 Form 4 Insider Report for Alphabet Inc. (GOOG)

Role
VP, Chief Accounting Officer
Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Amie Thuener O'Toole
Stock symbol
GOOG
Transactions as of
Sep 5, 2023
Transactions value $
-$510,914
Form type
4
Date filed
9/5/2023, 06:19 PM
Previous filing
Aug 29, 2023
Next filing
Sep 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$511K -3.75K -12.79% $136.28 25.6K Sep 5, 2023 Direct
holding GOOG Class A Common Stock 8.94K Sep 5, 2023 Direct
holding GOOG Class C Google Stock Units 6.36K Sep 5, 2023 Direct F1
holding GOOG Class C Google Stock Units 345 Sep 5, 2023 Direct F2
holding GOOG Class C Google Stock Units 38.6K Sep 5, 2023 Direct F3
* 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 Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C Capital Stock for each share underlying the GSU as GSU vests. 1/12th of GSU grant will vest on the 25th day of the month 12 months after the grant date and an additional 1/12th will vest monthly on the 25th day of the month until the units are fully vested, subject to continued employment on such vesting dates.
F2 1/4th of GSUs shall vest on the 25th day of the month of the Vesting Start Date and an additional 1/12th will vest monthly on the 25th day of the month thereafter until the units are fully vested, subject to continued employment on such vesting dates.
F3 1/14th of GSUs shall vest on the 25th day of the month 10 months after the Vesting Start Date and an additional 1/14th will vest monthly on the 25th day of the month until the units are fully vested, subject to continued employment on such vesting dates.

Remarks:

Transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 31, 2023.