Ronald W. Kisling - Feb 22, 2024 Form 4 Insider Report for Fastly, Inc. (FSLY)

Signature
/s/ Karen Greenstein, Attorney-in-Fact
Stock symbol
FSLY
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 07:30 PM
Previous filing
Feb 21, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Award $0 +68.4K +15.19% $0.00 519K Feb 22, 2024 Direct F1
transaction FSLY Class A Common Stock Award $0 +10.3K +1.99% $0.00 529K Feb 23, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares subject to performance-based restricted stock unit awards (PRSUs) earned based on the achievement of pre-established performance goals during the Issuer's fiscal year 2023. 33% of the number of PRSUs vested on the Transaction Date, and 8.375% of the PRSUs will vest in quarterly installments thereafter on May 22, August 22, November 22, and February 22, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F2 Fully vested. Under the 2023 Bonus Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units.