Filing Details

Accession Number:
0001140361-17-037837
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2017-10-06 20:41:24
Reporting Period:
2017-09-01
Accepted Time:
2017-10-06 20:41:24
Original Submission Date:
2017-09-06
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
1645079 Andy Missan C/O Fitbit, Inc.
405 Howard Street
San Francisco CA 94105
Evp, Gc, & Secretary 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 2017-09-01 5,000 $0.00 91,419 No 4 C Direct
Class A Common Stock Disposition 2017-09-01 5,000 $5.91 86,419 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 2017-09-01 5,000 $0.00 5,000 $0.28
Class B Common Stock Class B Common Stock Acquisiton 2017-09-01 5,000 $0.00 5,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2017-09-01 5,000 $0.00 5,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
305,175 2023-03-27 No 4 M Direct
5,000 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The option exercise and the subsequent conversion of the underlying Class B common stock to Class A common stock reported herein were inadvertently omitted from the Form 4 filed on September 6, 2017. Following such option exercise and conversion, the resulting shares of Class A Common Stock were sold, as previously reported in the original Form 4.
  3. 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.
  4. Reflects an adjustment of 5,000 shares to correct the error described in footnote 2.
  5. Represents the aggregate of sales effected on the same day at different prices.
  6. Represents the weighted average sales price per share. The shares sold at prices ranging from $5.87 to $6.07 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
  7. The option vested as to 1/4th of the total number of shares on March 26, 2014, and thereafter vested and shall continue to vest as to 1/48th of the total number of shares in equal monthly installments.