Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDDY | Class A Common Stock | Award | $0 | +23.6K | +15.77% | $0.00 | 173K | Feb 29, 2024 | Direct | F1 |
transaction | GDDY | Class A Common Stock | Award | $0 | +39.3K | +22.68% | $0.00 | 213K | Mar 1, 2024 | Direct | F2 |
transaction | GDDY | Class A Common Stock | Sale | -$456K | -4K | -1.88% | $114.11 | 209K | Mar 1, 2024 | Direct | F3 |
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).
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 February 25, 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 | The shares were sold pursuant to a 10b5-1 trading plan. |