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

Role
Chief Architect, Director
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
May 16, 2023
Transactions value $
-$433,482
Form type
4
Date filed
5/18/2023, 05:09 PM
Previous filing
Apr 26, 2023
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Sale -$181K -13.7K -0.21% $13.17 6.52M May 16, 2023 Direct F1
transaction FSLY Class A Common Stock Sale -$253K -19.3K -0.3% $13.10 6.5M May 17, 2023 Direct F2
holding FSLY Class A Common Stock 840K May 16, 2023 See Footnote 3 F3
holding FSLY Class A Common Stock 210K May 16, 2023 See Footnote 4 F4
holding FSLY Class A Common Stock 210K May 16, 2023 See Footnote 5. F5
holding FSLY Class A Common Stock 1M May 16, 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.