Roger Chen - Nov 22, 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Signature
Marc Padwe, Attorney-in-Fact
Stock symbol
GDDY
Transactions as of
Nov 22, 2023
Transactions value $
-$418,536
Form type
4
Date filed
11/27/2023, 07:01 PM
Previous filing
Nov 16, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Options Exercise $989K +13.2K +8.19% $74.65 175K Nov 22, 2023 Direct
transaction GDDY Class A Common Stock Options Exercise $421K +6K +3.43% $70.17 181K Nov 22, 2023 Direct
transaction GDDY Class A Common Stock Sale -$1.83M -19.2K -10.64% $95.00 162K Nov 22, 2023 Direct F1

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 -13.2K -100% $0.00* 0 Nov 22, 2023 Class A Common Stock 13.2K $74.65 Direct F2
transaction GDDY Employee Stock Option (right to buy) Options Exercise $0 -6K -38.93% $0.00 9.41K Nov 22, 2023 Class A Common Stock 6K $70.17 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 100% of the shares underlying the option are vested.
F3 13,872 of the shares underlying the option are vested as of November 22, 2023, an additional 771 shares vested on November 27, 2023 and the remaining 771 shares will vest on February 27, 2024, subject to the Reporting Person's continuing to be a Service Provider for the Issuer.