Michele Lau - Aug 14, 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Role
Chief Legal Officer
Signature
Marc Padwe, Attorney-in-Fact
Stock symbol
GDDY
Transactions as of
Aug 14, 2023
Transactions value $
-$387,721
Form type
4
Date filed
8/16/2023, 06:23 PM
Previous filing
Aug 4, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Sale -$388 K -5.5 K -7.56% $70.49 67.3 K Aug 14, 2023 Direct F1, F2

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 shares were sold pursuant to a 10b5-1 trading plan.
F2 The sale price for this transaction represents the weighted average sale price of the shares sold, ranging from $70.28 to $70.62 per share. Upon request by the Commission staff or a security holder of the Issuer, the Issuer or the Reporting Person will provide full information regarding the number of shares sold at each separate price.