Roger Chen - Nov 3, 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Signature
Marc Padwe, Attorney-in-Fact
Stock symbol
GDDY
Transactions as of
Nov 3, 2023
Transactions value $
-$1,810,690
Form type
4
Date filed
11/7/2023, 07:29 PM
Previous filing
Nov 3, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Options Exercise $498K +16.5K +9.67% $30.16 187K Nov 3, 2023 Direct
transaction GDDY Class A Common Stock Options Exercise $375K +10.2K +5.45% $36.69 197K Nov 3, 2023 Direct
transaction GDDY Class A Common Stock Sale -$1.56M -19.5K -9.88% $80.00 178K Nov 3, 2023 Direct F1
transaction GDDY Class A Common Stock Sale -$1.12M -13.2K -7.42% $85.00 165K Nov 3, 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 -16.5K -51.36% $0.00 15.6K Nov 3, 2023 Class A Common Stock 16.5K $30.16 Direct F3
transaction GDDY Employee Stock Option (right to buy) Options Exercise $0 -10.2K -100% $0.00* 0 Nov 3, 2023 Class A Common Stock 10.2K $36.69 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 $85.00 to $85.05 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 100% of the shares underlying the option are vested.