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

Signature
/s/ Karen Greenstein, Attorney-in-Fact
Issuer symbol
FSLY
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 19:30:55 UTC
Previous filing
21 Feb 2024
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLY Class A Common Stock Award $0 +68,426 +15% $0.000000 518,875 22 Feb 2024 Direct F1
transaction FSLY Class A Common Stock Award $0 +10,313 +2% $0.000000 529,188 23 Feb 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.