John L. Hennessy - 18 Mar 2024 Form 4 Insider Report for Alphabet Inc. (GOOGL)

Role
Director
Signature
/s/ Valentina Margulis as Attorney-in-Fact for John L. Hennessy
Issuer symbol
GOOGL
Transactions as of
18 Mar 2024
Net transactions value
-$74,750
Form type
4
Filing time
19 Mar 2024, 18:32:47 UTC
Previous filing
12 Mar 2024
Next filing
15 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOOG Class C Capital Stock Sale $74,750 -500 -5.4% $149.50 8,791 18 Mar 2024 By Trust
holding GOOG Class C Capital Stock 405 18 Mar 2024 Direct
holding GOOG Class A Common Stock 33,160 18 Mar 2024 By Trust
holding GOOG Class C Google Stock Units 600 18 Mar 2024 Direct F1
holding GOOG Class C Google Stock Units 1,340 18 Mar 2024 Direct F2
holding GOOG Class C Google Stock Units 2,600 18 Mar 2024 Direct F3
holding GOOG Class C Google Stock Units 3,382 18 Mar 2024 Direct F4
* 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 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.
F2 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.
F3 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.
F4 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 transaction reported in this Form 4 was 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.