Roger Chen - Oct 10, 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Signature
Marc Padwe, Attorney-in-Fact
Stock symbol
GDDY
Transactions as of
Oct 10, 2023
Transactions value $
-$304,846
Form type
4
Date filed
10/12/2023, 08:36 PM
Previous filing
Oct 4, 2023
Next filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Options Exercise $155K +5.13K +2.97% $30.16 178K Oct 10, 2023 Direct
transaction GDDY Class A Common Stock Sale -$459K -6.13K -3.44% $75.01 172K Oct 10, 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 -5.13K -10.82% $0.00 42.3K Oct 10, 2023 Class A Common Stock 5.13K $30.16 Direct F3
* 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 $75.00 to $75.01 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.