Filing Details

Accession Number:
0001209191-16-106293
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-04 20:44:53
Reporting Period:
2016-03-02
Filing Date:
2016-03-04
Accepted Time:
2016-03-04 20:44:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500435 Gopro Inc. GPRO Photographic Equipment & Supplies (3861) 770629474
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1580378 John Anthony Bates 3000 Clearview Way
San Mateo CA 94402
President Yes Yes No 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 2016-03-02 9,757 $0.00 359,672 No 4 C Direct
Class A Common Stock Disposition 2016-03-04 5,057 $13.62 354,615 No 4 S Direct
Class A Common Stock Disposition 2016-03-04 4,700 $14.48 349,915 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S 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 Restricted Stock Unit Disposition 2016-03-02 15,547 $0.00 15,547 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2016-03-02 15,547 $0.00 15,547 $0.00
Class A Common Stock Class B Common Stock Disposition 2016-03-02 5,790 $13.02 5,790 $0.00
Class A Common Stock Class B Common Stock Disposition 2016-03-02 9,757 $0.00 9,757 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
139,922 No 4 M Direct
15,547 No 4 M Direct
9,757 No 4 F Direct
0 No 4 C Direct
Footnotes
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The price reported is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $13.21 to $14.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The price reported is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $14.21 to $14.78, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
  5. 6.25% of the underlying shares vested on September 2, 2014, and 6.25% of the underlying shares vest on each three month anniversary thereafter, subject to the Reporting Person's continuous service.
  6. 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 is also convertible into Class A Common Stock on the same basis upon any transfer, whether or not for value, except for "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the date when the outstanding shares of Class B Common Stock represent less than 10% of the aggregate number of shares of Common Stock then outstanding.
  7. Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.