Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDDY | Class A Common Stock | Award | $0 | +23.6K | +30.59% | $0.00 | 101K | Feb 29, 2024 | Direct | F1 |
transaction | GDDY | Class A Common Stock | Award | $0 | +48.6K | +48.21% | $0.00 | 149K | Mar 1, 2024 | Direct | F2 |
transaction | GDDY | Class A Common Stock | Sale | -$3.14M | -28.4K | -19.01% | $110.54 | 121K | Mar 4, 2024 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Represents a grant of Restricted Stock Units (RSUs), which vests quarterly over 3 years beginning on June 1, 2024, subject to the Reporting Person continuing to be a Service Provider for the Issuer on each vesting date. Upon vesting of these RSUs, the Reporting Person will receive shares of Class A Common Stock of the Issuer. |
F2 | Represents shares of Class A Common Stock of the Issuer issued on settlement of Performance Restricted Stock Units (PSUs), which were granted on June 2, 2021 and vested on March 1, 2024 based on the level of achievement of the applicable performance conditions for the period January 1, 2021 through December 31, 2023 and satisfaction of the service condition. |
F3 | Represents shares of Class A Common Stock of the Issuer sold to satisfy the Reporting Person's tax withholding obligations, which were incurred in connection with the vesting of PSUs & RSUs. In accordance with company policy, shares are automatically sold to cover such obligations. |
F4 | The sale price for this transaction represents the weighted average sale price of the shares sold, ranging from $110.5383 to $110.5400 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. |