Sundar Pichai - Dec 6, 2023 Form 4 Insider Report for Alphabet Inc. (GOOG)

Signature
/s/ Valentina Margulis, as Attorney-in-Fact for Sundar Pichai
Stock symbol
GOOG
Transactions as of
Dec 6, 2023
Transactions value $
-$2,973,784
Form type
4
Date filed
12/8/2023, 04:14 PM
Previous filing
Nov 29, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$1.95M -14.8K -0.6% $131.86 2.44M Dec 6, 2023 Direct F1
transaction GOOG Class C Capital Stock Sale -$1.03M -7.73K -0.32% $132.77 2.43M Dec 6, 2023 Direct F2
holding GOOG Class A Common Stock 228K Dec 6, 2023 Direct
holding GOOG Class C Google Stock Units 669K Dec 6, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.33 to $132.32, inclusive. The Reporting Person undertakes to provide to any security holder of Alphabet Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $132.37 to $133.36, inclusive.
F3 Class C 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 the GSU vested on March 25, 2023 and an additional 1/12th of the GSU will vest quarterly thereafter until the GSUs are fully vested, 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 August 31, 2023.