Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FSLY | Class A Common Stock | Sale | -$194K | -11.1K | -0.18% | $17.41 | 6.33M | Nov 17, 2023 | Direct | F1 |
holding | FSLY | Class A Common Stock | 840K | Nov 17, 2023 | See Footnote | F2 | |||||
holding | FSLY | Class A Common Stock | 210K | Nov 17, 2023 | See Footnote | F3 | |||||
holding | FSLY | Class A Common Stock | 1M | Nov 17, 2023 | See Footnote | F4 |
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).
Id | Content |
---|---|
F1 | 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, 2023. |
F2 | The shares are held by The Artur Bergman Remainder Trust One DTD 5/2/2019, of which the reporting person is the investment advisor. |
F3 | The shares are held by The Artur Bergman Remainder Trust Three DTD 5/2/2019, of which the reporting person is the investment advisor. |
F4 | The shares are held by The Per Artur Bergman Grantor Retained Annuity Trust No. 2, of which the reporting person is trustee. |