Christopher B. Paisley - 20 Nov 2023 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Director
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
20 Nov 2023
Net transactions value
-$13,280
Form type
4
Filing time
22 Nov 2023, 17:23:11 UTC
Previous filing
20 Nov 2023
Next filing
27 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Options Exercise $4,440 +1,000 +0.76% $4.44 132,716 20 Nov 2023 Direct
transaction FSLY Class A Common Stock Sale $17,720 -1,000 -2.5% $17.72 39,000 20 Nov 2023 See Footnote F1, F2, F3
holding FSLY Class A Common Stock 131,716 20 Nov 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FSLY Director Stock Option (Right to Buy) Options Exercise $0 -1,000 -1.4% $0.000000 69,424 20 Nov 2023 Class A Common Stock 1,000 $4.44 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 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2023.
F2 The shares were sold by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94, to which the reporting person contributed 1,000 shares of common stock of the Issuer in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.
F3 The shares are held by the Christopher Paisley TTEE Paisley Living Trust DTD 12/28/94.
F4 Fully vested.