David Hornik - 15 Jun 2022 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role: Director
Signature: /s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol: FSLY
Transactions as of: 15 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2022, 17:38:22 UTC
Previous filing: 11 Mar 2022
Next filing: 15 Nov 2022
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	Award	$0	+18,248	+10%	$0.000000	197,178	15 Jun 2022	Direct	F1
holding	FSLY	Class A Common Stock						396,542	15 Jun 2022	See Footnote 2	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. The RSUs vest quarterly over one year following the date of grant and will be fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the reporting person's service as a director ends at such meeting due to the failure to be re-elected or not standing for re-election) and the one year anniversary measured from the date of grant, each subject to continued service as a director of the Issuer through each applicable vesting date.
F2	These shares are held directly by August Capital VI Special Opportunities, L.P. ("August VI SO"). ACM VI is the general partner of August VI SO and may be deemed to have sole voting and investment power over the shares held by August VI SO. David M. Hornik, a member of the Issuer's Board of Directors, Howard Hartenbaum, and W. Eric Carlborg are members of ACM VI, and may be deemed to have shared voting and investment power over the shares held by August VI SO. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such person's or entity's pecuniary interest in such securities.

Content

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. The RSUs vest quarterly over one year following the date of grant and will be fully vested on the earlier of the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the reporting person's service as a director ends at such meeting due to the failure to be re-elected or not standing for re-election) and the one year anniversary measured from the date of grant, each subject to continued service as a director of the Issuer through each applicable vesting date.

These shares are held directly by August Capital VI Special Opportunities, L.P. ("August VI SO"). ACM VI is the general partner of August VI SO and may be deemed to have sole voting and investment power over the shares held by August VI SO. David M. Hornik, a member of the Issuer's Board of Directors, Howard Hartenbaum, and W. Eric Carlborg are members of ACM VI, and may be deemed to have shared voting and investment power over the shares held by August VI SO. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such person's or entity's pecuniary interest in such securities.