Christopher B. Paisley - Feb 20, 2024 Form 4 Insider Report for Fastly, Inc. (FSLY)

Role
Director
Signature
/s/ Karen Greenstein, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
Feb 20, 2024
Transactions value $
-$11,160
Form type
4
Date filed
2/22/2024, 05:17 PM
Previous filing
Feb 20, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Options Exercise $4.44K +1K +0.76% $4.44 133K Feb 20, 2024 Direct
transaction FSLY Class A Common Stock Sale -$15.6K -1K -2.5% $15.60 39K Feb 20, 2024 See Footnote F1, F2, F3
holding FSLY Class A Common Stock 132K Feb 20, 2024 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 -1K -1.44% $0.00 68.4K Feb 20, 2024 Class A Common Stock 1K $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.