JOHN KENT WALKER - 05 Sep 2023 Form 4 Insider Report for Alphabet Inc. (GOOGL)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for J. Kent Walker
Issuer symbol
GOOGL
Transactions as of
05 Sep 2023
Net transactions value
-$5,856,144
Form type
4
Filing time
07 Sep 2023, 17:56:15 UTC
Previous filing
27 Jun 2023
Next filing
27 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale $3,205,275 -23,531 -44% $136.22 29,752 05 Sep 2023 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
transaction GOOG Class C Capital Stock Sale $2,650,868 -19,369 -65% $136.86 10,383 05 Sep 2023 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
transaction GOOG Class C Capital Stock Gift $0 +42,900 +413% $0.000000 53,283 06 Sep 2023 By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
transaction GOOG Class C Capital Stock Gift $0 -42,900 -65% $0.000000 23,490 06 Sep 2023 Direct
holding GOOG Class C Google Stock Units 93,200 05 Sep 2023 Direct F1
holding GOOG Class C Google Stock Units 61,800 05 Sep 2023 Direct F2
holding GOOG Class C Google Stock Units 141,045 05 Sep 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 The 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. 1/8th of the GSU grant vested on June 25, 2020 and an additional 1/16th vests quarterly thereafter until fully vested, in each case subject to continued employment on the applicable vesting dates.
F2 1/12th of the GSU grant vested on March 25, 2022 and an additional 1/12th will vest quarterly thereafter until fully vested, in each case subject to continued employment on the applicable vesting dates.
F3 1/6th of the GSU grant vested on June 25, 2023 and an additional 1/12th of the grant will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates.

Remarks:

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