Filing Details
- Accession Number:
- 0001127602-20-011173
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-17 21:51:51
- Reporting Period:
- 2020-03-15
- Accepted Time:
- 2020-03-17 21:51:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1441478 | P Jeffrey Devine | C/O Fitbit 199 Fremont Street, 14Th Floor San Francisco CA 94105 | Evp Of Operations | 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 | 2020-03-15 | 10,312 | $0.00 | 159,848 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-15 | 3,333 | $0.00 | 163,181 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-15 | 8,334 | $0.00 | 171,515 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-15 | 10,417 | $0.00 | 181,932 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-03-15 | 10,737 | $6.39 | 171,195 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2020-03-16 | 140,000 | $6.17 | 31,195 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-15 | 10,312 | $0.00 | 10,312 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-15 | 3,333 | $0.00 | 3,333 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-15 | 8,334 | $0.00 | 8,334 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-15 | 10,417 | $0.00 | 10,417 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 33,333 | No | 4 | M | Direct | ||
| 83,333 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A common stock upon settlement for no consideration.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.91 to $6.30 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- 1/3rd of the RSUs vested on March 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing service of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
- 1/12th of the total number of RSUs granted vested on June 15, 2017 and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
- 1/12th of the RSUs vested on June 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
- 1/12th of the RSUs vested on June 15, 2019, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
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