John L. Hennessy - Jan 10, 2024 Form 4 Insider Report for Alphabet Inc. (GOOG)

Role
Director
Signature
/s/ Valentina Margulis, as Attorney-in-Fact for John L. Hennessy
Stock symbol
GOOG
Transactions as of
Jan 10, 2024
Transactions value $
-$28,698
Form type
4
Date filed
1/10/2024, 08:25 PM
Previous filing
Dec 11, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$21K -146 -2.09% $143.51 6.84K Jan 10, 2024 By Trust F1
transaction GOOG Class C Capital Stock Sale -$4K -28 -0.41% $142.70 6.81K Jan 10, 2024 By Trust F2
transaction GOOG Class C Capital Stock Sale -$3.75K -26 -0.38% $144.24 6.78K Jan 10, 2024 By Trust F3
holding GOOG Class A Common Stock 33.2K Jan 10, 2024 By Trust
holding GOOG Class C Capital Stock 5.6K Jan 10, 2024 Direct
holding GOOG Class C Google Stock Units 900 Jan 10, 2024 Direct F4
holding GOOG Class C Google Stock Units 1.5K Jan 10, 2024 Direct F5
holding GOOG Class C Google Stock Units 2.78K Jan 10, 2024 Direct F6
holding GOOG Class C Google Stock Units 3.55K Jan 10, 2024 Direct F6
* 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. The shares were sold in multiple transactions at prices ranging from $143.03 to $143.98, 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 (3) 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 $142.52 to $142.79, inclusive.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $144.17 to $144.28, inclusive.
F4 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 vest. 1/48th of GSU grant will vest on July 25, 2020 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
F5 1/48th of GSU grant vested on July 25, 2021 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board on the applicable vesting dates.
F6 1/48th of GSU grant vested on July 25, 2022 and an additional 1/48th will vest monthly on the 25th day of each month thereafter, subject to continued service on the Board 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 John L. Hennessy and Andrea J. Hennessy Revocable Trust UAD 10/22/93 on October 28, 2022.