Ronald W. Kisling - Feb 28, 2023 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Chief Financial Officer
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
Feb 28, 2023
Transactions value $
-$66,800
Form type
4
Date filed
3/2/2023, 04:28 PM
Previous filing
Feb 21, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Award $0 +27.9K +7.66% $0.00 393K Feb 28, 2023 Direct F1
transaction FSLY Class A Common Stock Award $0 +4.57K +1.16% $0.00 397K Feb 28, 2023 Direct F2
transaction FSLY Class A Common Stock Sale -$66.8K -4.79K -1.21% $13.94 392K Mar 1, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares subject to performance-based restricted stock unit awards (PRSUs) earned based on the achievement of pre-established performance goals during the Issuer's fiscal year 2022. 33% of the number of PRSUs vested on the Transaction Date, and 8.375% of the PRSUs will vest in quarterly installments thereafter on May 28, August 28, November 28, and February 28, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F2 Fully vested. Under the 2022 Bonus Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units.
F3 Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.