Filing Details

Accession Number:
0001140361-15-025353
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-06-24 19:40:53
Reporting Period:
2015-06-23
Filing Date:
2015-06-24
Accepted Time:
2015-06-24 19:40:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447599 Fitbit Inc FIT Electronic Computers (3571) 208920744
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1645086 N. Eric Friedman C/O Fitbit, Inc.
405 Howard Street
San Francisco CA 94105
Cto Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2015-06-23 1,095,817 $0.00 1,095,817 No 4 C Direct
Class A Common Stock Disposition 2015-06-23 1,095,817 $18.80 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Series B Convertible Preferred Stock Disposition 2015-06-23 46,344 $0.00 46,344 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2015-06-23 46,344 $0.00 46,344 $0.00
Class B Common Stock Series B Convertible Preferred Stock Disposition 2015-06-23 46,344 $0.00 46,344 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2015-06-23 46,344 $0.00 46,344 $0.00
Class A Common Stock Class B Common Stock Disposition 2015-06-23 1,095,817 $0.00 1,095,817 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
46,344 No 4 C Indirect
0 No 4 C Direct
14,467,392 No 4 C Direct
13,371,575 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 3,600,000 3,600,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
3,600,000 3,600,000 Indirect
Footnotes
  1. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) June 17, 2027.
  2. The Convertible Preferred Stock automatically converted into Class B Common Stock on a one for one basis immediately prior to the completion of the Issuer's initial public offering and had no expiration date.
  3. The Reporting Person is a trustee and beneficiary of the trust and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.