Quick Takeaways
- This page summarizes John Kent Walker's Form 4 filing for Alphabet Inc. (GOOGL).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 09 Feb 2024, 20:36.
John Kent Walker - 07 Feb 2024 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
- 07 Feb 2024
- Net transactions value
- -$7,131,343
- Form type
- 4
- Filing time
- 09 Feb 2024, 20:36:06 UTC
- Previous filing
- 04 Jan 2024
- Next filing
- 22 Feb 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"John Kent Walker filed Form 4 for Alphabet Inc. (GOOGL) on 09 Feb 2024."
What Changed
- Previous filing in this sequence was filed on 04 Jan 2024.
- Current net transaction value: -$7,131,343.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GOOG | Class C Capital Stock | Award | $0 | +97,120 | +413% | $0.000000 | 120,613 | 07 Feb 2024 | Direct | F1 |
| transaction | GOOG | Class C Capital Stock | Tax liability | $7,131,343 | -49,043 | -41% | $145.41 | 71,570 | 07 Feb 2024 | Direct | F2 |
| holding | GOOG | Class C Capital Stock | 60,801 | 07 Feb 2024 | By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees | ||||||
| holding | GOOG | Class C Google Stock Units | 112,836 | 07 Feb 2024 | Direct | F3 | |||||
| holding | GOOG | Class C Google Stock Units | 41,200 | 07 Feb 2024 | Direct | F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | The shares were acquired upon the certification by the Leadership Development, Inclusion and Compensation Committee of Alphabet Inc. for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on April 7, 2021 under the terms of Alphabet's Amended and Restated 2012 Stock Plan and applicable PSU award agreement. The award provided that if Alphabet's total shareholder return (relative to S&P 100 companies) ("TSR") performance meets or exceeds the 75th percentile for the three-year performance period ending December 31, 2023, it would result in a maximum PSU payout of 200% of target. Alphabet's total TSR for the three-year performance period was 60.19%, which ranked Alphabet's TSR at the 79.80th percentile relative to S&P 100 companies, resulting in a maximum payout of 200% or 97,120 shares. |
| F2 | Shares withheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs. |
| F3 | 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. 1/6th 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. |
| F4 | 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. |