Roger Chen - 02 Oct 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Role
Chief Operating Officer
Signature
Marc Padwe, Attorney-in-Fact
Issuer symbol
GDDY
Transactions as of
02 Oct 2023
Net transactions value
-$220,735
Form type
4
Filing time
04 Oct 2023, 19:22:54 UTC
Previous filing
12 Sep 2023
Next filing
12 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Options Exercise $113,100 +3,750 +2.2% $30.16 176,466 02 Oct 2023 Direct
transaction GDDY Class A Common Stock Options Exercise $37,700 +1,250 +0.71% $30.16 177,716 02 Oct 2023 Direct
transaction GDDY Class A Common Stock Sale $371,535 -5,000 -2.8% $74.31 172,716 02 Oct 2023 Direct F1, F2

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 GDDY Employee Stock Option (right to buy) Options Exercise $0 -3,750 -7.2% $0.000000 48,625 02 Oct 2023 Class A Common Stock 3,750 $30.16 Direct F3
transaction GDDY Employee Stock Option (right to buy) Options Exercise $0 -1,250 -2.6% $0.000000 47,375 02 Oct 2023 Class A Common Stock 1,250 $30.16 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 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 $73.96 to $74.53 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.
F3 25% of the shares underlying the option vested on June 10, 2016 and the remaining 75% vested in 3 equal annual installments thereafter.
F4 100% of the shares underlying the option vested on February 25, 2019.