David Hornik - 11 Nov 2022 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Director
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
11 Nov 2022
Net transactions value
-$3,933,697
Form type
4
Filing time
15 Nov 2022, 16:06:20 UTC
Previous filing
17 Jun 2022
Next filing
12 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Sale $3,933,697 -396,542 -100% $9.92 0 11 Nov 2022 See Footnote 2 F1, F2
holding FSLY Class A Common Stock 197,178 11 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.80 to $10.02. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F2 These shares were held directly by August Capital VI Special Opportunities, L.P. ("August VI SO"). August Capital Management VI, L.L.C. ("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.