Ronald W. Kisling - May 16, 2022 Form 4 Insider Report for Fastly, Inc. (FSLY)

Signature
/s/ David Sando, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
May 16, 2022
Transactions value $
-$24,012
Form type
4
Date filed
5/18/2022, 05:46 PM
Previous filing
Apr 21, 2022
Next filing
Jul 20, 2022

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.