Mark McCaffrey - Feb 29, 2024 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Signature
Marc Padwe, Attorney-in-Fact
Stock symbol
GDDY
Transactions as of
Feb 29, 2024
Transactions value $
-$3,138,403
Form type
4
Date filed
3/4/2024, 07:15 PM
Previous filing
Jan 5, 2024
Next filing
Mar 11, 2024

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.