Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FSLY | Class A Common Stock | Award | $0 | +115K | +38.19% | $0.00 | 416K | May 16, 2022 | Direct | F1 |
transaction | FSLY | Class A Common Stock | Sale | -$24K | -2.01K | -0.48% | $11.97 | 414K | May 17, 2022 | Direct | F2 |
Id | Content |
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F1 | The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-eighth (12.5%) of the total RSUs will vest on August 15, 2022 and the remainder will vest in 7 equal quarterly installments (November, February, May and August) of one-eighth thereafter (12.5% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. |
F2 | Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units. |