Filing Details

Accession Number:
0001209191-16-117973
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-05 21:37:59
Reporting Period:
2016-05-03
Filing Date:
2016-05-05
Accepted Time:
2016-05-05 21:37:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447599 Fitbit Inc FIT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1065270 A Bradley Feld 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1248148 A Ryan Mcintyre 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1248191 A Jason Mendelson 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1581764 Foundry Select Fund Gp, Llc 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1581766 Foundry Group Select Fund, L.p. 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1644896 Foundry Venture Capital 2007, L.p. 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1644897 Foundry Venture 2007, Llc 1050 Walnut Street, Suite 210
Boulder CO 80302
No No Yes No
1644983 Seth Levine 1050 Walnut Street, Suite 210
Boulder CO 80302
No No 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 Disposition 2016-05-03 6,622,980 $0.00 12,591,328 No 4 J Indirect By Foundry Venture Capital 2007, L.P.
Class A Common Stock Disposition 2016-05-03 977,123 $0.00 1,857,665 No 4 J Indirect By Foundry Group Select Fund, L.P.
Class A Common Stock Acquisiton 2016-05-03 1,483,548 $0.00 1,483,548 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 1,415,960 $0.00 67,588 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 67,588 $17.27 0 No 4 S Direct
Class A Common Stock Acquisiton 2016-05-03 398,936 $0.00 398,936 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 79,787 $17.27 319,149 No 4 S Direct
Class A Common Stock Acquisiton 2016-05-03 302,126 $0.00 307,126 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 175,425 $17.27 131,701 No 4 S Direct
Class A Common Stock Acquisiton 2016-05-03 302,126 $0.00 302,126 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 302,126 $0.00 0 No 4 G Direct
Class A Common Stock Acquisiton 2016-05-03 302,126 $0.00 359,892 No 4 G Indirect By Trust
Class A Common Stock Disposition 2016-05-03 135,956 $17.27 223,936 No 4 S Indirect By Trust
Class A Common Stock Acquisiton 2016-05-03 302,127 $0.00 329,867 No 4 J Direct
Class A Common Stock Disposition 2016-05-03 181,276 $17.27 148,591 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect By Foundry Venture Capital 2007, L.P.
No 4 J Indirect By Foundry Group Select Fund, L.P.
No 4 J Direct
No 4 J Direct
No 4 S Direct
No 4 J Direct
No 4 S Direct
No 4 J Direct
No 4 S Direct
No 4 J Direct
No 4 G Direct
No 4 G Indirect By Trust
No 4 S Indirect By Trust
No 4 J Direct
No 4 S Direct
Footnotes
  1. Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by Foundry Venture Capital 2007, L.P. ("Foundry 2007") without consideration to its limited partners and its general partner, Foundry Venture 2007, LLC ("Foundry 2007 GP").
  2. The shares are held by Foundry 2007. The general partner of Foundry 2007 is Foundry 2007 GP, which has voting and dispositive power over these shares. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry 2007 GP and share voting and dispositive power over these shares. Each of Foundry 2007 GP, Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein.
  3. Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by Foundry Group Select Fund, L.P. ("Foundry Select") without consideration to its limited partners.
  4. The shares are held by Foundry Group Select Fund, L.P. The general partner of Foundry Group Select Fund, L.P. is Foundry Select Fund GP, LLC, which has voting and dispositive power over these shares. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry Select Fund GP, LLC and share voting and dispositive power over these shares. Each of Foundry Select Fund GP, LLC, Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein.
  5. Represents the receipt of Class A Common Stock by Foundry 2007 GP from Foundry 2007, as described in greater detail in footnote (1).
  6. The shares are held by Foundry 2007 GP, which serves as the general partner of Foundry 2007. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry 2007 GP and share voting and dispositive power over these shares. Each of Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein.
  7. Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by Foundry 2007 GP without consideration to its members
  8. Shares sold by the Reporting Person consist of shares received by such Reporting Person in the distribution described in greater detail in footnote (7). Any shares reported as beneficially owned by the Reporting Person following such sale represent the remainder of the shares received by such Reporting Person in the distribution.
  9. Represents the weighted average sales price for price increments ranging from $17.01 to $17.95. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
  10. The shares are held by Brad Feld.
  11. The shares are held by Seth Levine.
  12. The shares are held by Ryan McIntyre.
  13. Represents shares received by the Reporting Person in the distribution described in greater detail in footnote (7), which the Reporting Person gifted to a trust for the benefit of the Reporting Person's family members, of which the Reporting Person is a trustee. The shares reported as beneficially owned by the Reporting Person following the gift represent the remainder of the shares received by the Reporting Person in the distribution.
  14. Held by a revocable trust for the benefit of the family members of Ryan McIntyre, of which Mr. McIntyre is a trustee. Mr. McIntyre disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  15. The shares are held by Jason Mendelson.