Prabhakar Raghavan - Oct 2, 2023 Form 4 Insider Report for Alphabet Inc. (GOOG)

Role
Senior Vice President
Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Prabhakar Raghavan
Stock symbol
GOOG
Transactions as of
Oct 2, 2023
Transactions value $
-$2,152,151
Form type
4
Date filed
10/4/2023, 05:41 PM
Previous filing
Jul 5, 2023
Next filing
Oct 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$505K -3.82K -4.16% $132.17 87.9K Oct 2, 2023 Direct
transaction GOOG Class C Capital Stock Sale -$1.03M -7.7K -8.76% $134.05 80.2K Oct 2, 2023 Direct
transaction GOOG Class C Capital Stock Sale -$615K -4.57K -5.69% $134.79 75.6K Oct 2, 2023 Direct
holding GOOG Class C Capital Stock 179K Oct 2, 2023 By Prabhakar Raghavan, Srilatha Raghavan, UA 01-12-2000 Raghavan Living Trust
holding GOOG Class C Google Stock Units 50.7K Oct 2, 2023 Direct F1
holding GOOG Class C Google Stock Units 65.8K Oct 2, 2023 Direct F2
holding GOOG Class C Google Stock Units 162K Oct 2, 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 (GSU) 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 will vest 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 February 28, 2022.