John L. Hennessy - Feb 12, 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
Feb 12, 2024
Transactions value $
-$119,787
Form type
4
Date filed
2/13/2024, 06:01 PM
Previous filing
Jan 10, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale -$4.17K -28 -0.35% $148.89 7.94K Feb 12, 2024 By Trust
transaction GOOG Class C Capital Stock Sale -$48.6K -325 -4.1% $149.59 7.61K Feb 12, 2024 By Trust F1
transaction GOOG Class C Capital Stock Sale -$22.1K -147 -1.93% $150.24 7.46K Feb 12, 2024 By Trust F2
transaction GOOG Class C Capital Stock Sale -$3.13K -21 -0.28% $148.88 7.44K Feb 12, 2024 By Trust
transaction GOOG Class C Capital Stock Sale -$26.3K -176 -2.36% $149.54 7.27K Feb 12, 2024 By Trust F3
transaction GOOG Class C Capital Stock Sale -$15.5K -103 -1.42% $150.18 7.16K Feb 12, 2024 By Trust F4
transaction GOOG Class C Capital Stock Gift $0 -2.43K -100% $0.00* 0 Feb 13, 2024 Direct
transaction GOOG Class C Capital Stock Gift $0 +2.43K +33.88% $0.00 9.59K Feb 13, 2024 By Trust F5
holding GOOG Class C Google Stock Units 740 Feb 12, 2024 Direct F6
holding GOOG Class C Google Stock Units 1.42K Feb 12, 2024 Direct F7
holding GOOG Class C Google Stock Units 2.7K Feb 12, 2024 Direct F8
holding GOOG Class C Google Stock Units 3.47K Feb 12, 2024 Direct F9
holding GOOG Class A Common Stock 33.2K Feb 12, 2024 By Trust
* 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 $149.32 to $149.99, 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) through (4) 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 $150.13 to $150.55, inclusive.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $149.27 to $149.74, inclusive.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $150.01 to $150.47, inclusive.
F5 Includes 5,507 shares of Class C Stock issued upon vesting of Class C Google Stock Units (GSUs) in 2023, the grant of which was previously reported on Form 4s.
F6 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.
F7 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.
F8 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.
F9 1/48th of GSU grant vested on July 25, 2023 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:

Sale 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 November 1, 2023.