Home > Insider Trading > Filing (0001140361-17-011017)

Filing Details

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
1645094	M. Timothy Roberts	C/O Fitbit, Inc. 405 Howard Street San Francisco CA 94105	Evp, Interactive	No	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	2017-03-06	19,385	$0.00	19,385	No	4	C	Direct
Class A Common Stock	Disposition	2017-03-06	19,385	$6.02	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	Employee Stock Option (right to buy)	Disposition	2017-03-06	19,385	$0.00	19,385	$0.05
Class A Common Stock	Class B Common Stock	Acquisiton	2017-03-06	19,385	$0.00	19,385	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2017-03-06	19,385	$0.00	19,385	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
792,607	2020-11-09	No	4	M	Direct
276,333		No	4	M	Direct
256,948		No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	38,736	Indirect	By family trust

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			7,158	7,158	Indirect
Class A Common Stock	Class B Common Stock	$0.00			7,158	7,158	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	7,158	7,158	Indirect
	7,158	7,158	Indirect

Footnotes

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
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.
The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $5.92 to a high sale price of $6.18. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon written request from the staff of the Securities and Exchange Commission, the Issuer, or a stockholder of the Issuer.
The option vested as to 1/4th of the total number of shares on September 24, 2011, and thereafter vested and shall continue to vest as to 1/48th of the total number of shares in equal monthly installments.