Artur Bergman - 16 May 2023 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Chief Architect, Director
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
16 May 2023
Net transactions value
-$433,482
Form type
4
Filing time
18 May 2023, 17:09:17 UTC
Previous filing
26 Apr 2023
Next filing
25 May 2023
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 Sale $180,508 -13,706 -0.21% $13.17 6,516,654 16 May 2023 Direct F1
transaction FSLY Class A Common Stock Sale $252,974 -19,311 -0.3% $13.10 6,497,343 17 May 2023 Direct F2
holding FSLY Class A Common Stock 840,005 16 May 2023 See Footnote 3 F3
holding FSLY Class A Common Stock 209,686 16 May 2023 See Footnote 4 F4
holding FSLY Class A Common Stock 209,686 16 May 2023 See Footnote 5. F5
holding FSLY Class A Common Stock 1,000,000 16 May 2023 See Footnote 6 F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold to satisfy tax obligations in connection with the vesting of previously granted Restricted Stock Units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2022.
F3 The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor.
F4 The shares are held by The Artur Bergman Remainder Trust Two DTD 5/2/2019, of which the reporting person is the investment advisor.
F5 The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor.
F6 The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 2, of which the reporting person is trustee.