4//SEC Filing
DHALIWAL SUNIL 4
Accession 0001209191-20-048976
CIK 0001517413other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 7:18 PM ET
Size
37.6 KB
Accession
0001209191-20-048976
Insider Transaction Report
Form 4
Fastly, Inc.FSLY
DHALIWAL SUNIL
Director10% Owner
Transactions
- Other
Class A Common Stock
2020-08-28+140,867→ 696,572 total - Sale
Class A Common Stock
2020-08-31$90.32/sh−71,225$6,433,042→ 595,347 total - Sale
Class A Common Stock
2020-08-31$92.39/sh−49,968$4,616,544→ 537,379 total - Conversion
Class B Common Stock
2020-08-28−209,834→ 0 total(indirect: See Footnote)→ Class A Common Stock (209,834 underlying) - Sale
Class A Common Stock
2020-08-28$95.06/sh−50,000$4,753,000→ 724,602 total(indirect: See Footnote) - Other
Class A Common Stock
2020-08-28−724,602→ 0 total(indirect: See Footnote) - Other
Class A Common Stock
2020-08-28+205,973→ 205,973 total(indirect: See Footnote) - Sale
Class A Common Stock
2020-08-28$95.10/sh−30,000$2,853,000→ 666,572 total - Conversion
Class A Common Stock
2020-08-28+774,602→ 774,602 total(indirect: See Footnote) - Conversion
Class A Common Stock
2020-08-28+209,834→ 209,834 total(indirect: See Footnote) - Sale
Class A Common Stock
2020-08-28$95.06/sh−500$47,530→ 209,334 total(indirect: See Footnote) - Other
Class A Common Stock
2020-08-28−209,334→ 0 total(indirect: See Footnote) - Sale
Class A Common Stock
2020-08-31$92.00/sh−8,000$736,000→ 587,347 total - Sale
Class A Common Stock
2020-09-01$96.56/sh−50,000$4,828,000→ 487,379 total - Sale
Class A Common Stock
2020-09-01$97.10/sh−500$48,550→ 486,879 total - Conversion
Class B Common Stock
2020-08-28−774,602→ 0 total(indirect: See Footnote)→ Class A Common Stock (774,602 underlying)
Footnotes (13)
- [F1]Each share of Class B Common Stock converted into Class A Common Stock upon the election of the reporting person.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.05 to $90.65. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.30 to $92.60. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.35 to $96.92. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges.
- [F13]Each share of Class B Common Stock will convert automatically into Class A Common Stock upon any transfer except certain "Permitted Transfers" described in the Issuer's amended and restated certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) the first trading day falling nine months after the date on which the shares of Class B Common Stock represent less than 10% of the aggregate number of outstanding shares of Class A Common Stock and Class B Common Stock, (ii) the date specified by the vote of the holders of Class B Common Stock representing at least a majority of the outstanding shares of Class B Common Stock, or (iii) the first trading day falling ten years after the Effective Time as defined in the Issuer's amended and restated certificate of incorporation.
- [F2]These shares are held directly by Amplify Partners, L.P. The sole general partner is Amplify GP Partners, LLC. Sunil Dhaliwal, a member of the Issuer's Board of Directors, is a managing member of Amplify GP Partners, LLC, and may be deemed to have voting and investment power with respect to these securities. Amplify GP Partners, LLC and Sunil Dhaliwal disclaim beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
- [F3]These shares are held directly by AP Opportunity Fund LLC. The sole general partner is Amplify GP Partners, LLC. Sunil Dhaliwal, a member of the Issuer's Board of Directors, is a managing member of Amplify GP Partners, LLC, and may be deemed to have voting and investment power with respect to these securities. Amplify GP Partners, LLC and Sunil Dhaliwal disclaim beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.23. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges.
- [F5]The reporting person distributed, for no consideration, the shares of Class A Common Stock to its partners, representing each such partner's pro rata interest in such shares.
- [F6]The reporting person distributed, for no consideration, the shares of Class A Common Stock to its members.
- [F7]These shares are held directly by Amplify GP Partners, LLC. Sunil Dhaliwal, a member of the Issuer's Board of Directors, is a managing member of Amplify GP Partners, LLC, and may be deemed to have voting and investment power with respect to these securities. Amplify GP Partners, LLC and Sunil Dhaliwal disclaim beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
- [F8]Distribution, for no consideration, from Amplify GP Partners, LLC.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.34. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges.
Documents
Issuer
Fastly, Inc.
CIK 0001517413
Entity typeother
Related Parties
1- filerCIK 0001354177
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 7:18 PM ET
- Size
- 37.6 KB