Filing Details

Accession Number:
0001517413-21-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-19 18:07:08
Reporting Period:
2021-07-15
Accepted Time:
2021-07-19 18:07:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1517413 Fastly Inc. FSLY () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1416050 G Adriel Lares C/o Fastly, Inc.
475 Brannan Street, Suite 300
San Francisco CA 94107
Chief Financial Officer 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 2021-07-15 5,000 $0.00 184,471 No 4 M Direct
Class A Common Stock Disposition 2021-07-15 5,000 $50.00 179,471 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2021-07-12 570,248 $0.00 570,248 $2.36
Class A Common Stock Employee Stock Option (Right to Buy) Acquisiton 2021-07-12 570,248 $0.00 570,248 $2.36
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2021-07-15 5,000 $0.00 5,000 $2.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-07-11 No 4 J Direct
570,248 2026-07-11 No 4 J Direct
565,248 2026-07-11 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  2. On October 12, 2020, the Issuer's outstanding shares of Class B Common Stock represented less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock. As a result, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation, as amended on July 12, 2021.
  3. In connection with the automatic conversion described in footnote (2), outstanding Class B Common Stock options that were issued under the Issuer's 2011 Equity Incentive Plan remain unchanged, except that the underlying shares are now Class A Common Stock.
  4. The stock option vested and became exercisable as to 25% of the shares subject to the option on May 16, 2017, and thereafter vested as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the reporting person on each vesting date.