Brett Shirk - 20 Nov 2023 Form 4 Insider Report for Fastly, Inc. (FSLY)

Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
20 Nov 2023
Net transactions value
-$126,411
Form type
4
Filing time
22 Nov 2023, 17:21:48 UTC
Previous filing
17 Nov 2023
Next filing
04 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Sale $76,991 -4,198 -1.5% $18.34 267,581 20 Nov 2023 Direct F1, F2
transaction FSLY Class A Common Stock Sale $52,818 -2,802 -1% $18.85 264,779 20 Nov 2023 Direct F1, F3
transaction FSLY Class A Common Stock Award $3,398 +297 +0.11% $11.44 265,076 20 Nov 2023 Direct F4
* 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 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 28, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.78 to $18.77, inclusive. 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 (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.78 to $18.92, inclusive.
F4 Shares acquired under the Fastly, Inc. 2019 Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).