Christopher B. Paisley - 05 Nov 2021 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Director
Signature
/s/ Seth Gottlieb, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
05 Nov 2021
Net transactions value
-$100,000
Form type
4
Filing time
09 Nov 2021, 16:17:36 UTC
Previous filing
19 Oct 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Options Exercise $0 +2,000 +2.8% $0.000000 72,974 05 Nov 2021 Direct
transaction FSLY Class A Common Stock Sale $100,000 -2,000 -4.9% $50.00 39,000 05 Nov 2021 See Footnote F1, F2, F3
holding FSLY Class A Common Stock 70,974 05 Nov 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FSLY Director Stock Option (Right to Buy) Options Exercise $0 -2,000 -1.9% $0.000000 102,838 05 Nov 2021 Class A Common Stock 2,000 $4.44 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The shares were sold by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94, to which the reporting person contributed 2,000 shares of common stock of the Issuer in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.
F3 The shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
F4 1/48th of the stock option vested and became exercisable on August 31, 2018, and thereafter vested as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.