GoPro Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
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Item 5. Other Information
Trading Plans of Directors and Executive Officers
Set forth below is certain information regarding “Rule 10b5-1 trading arrangements” (Rule 10b5-1 trading plans) or a “non-Rule 10b5-1 trading arrangements” (non-Rule 10b5-1 trading plans), each as defined in Regulation S-K Item 408, adopted by our directors and officers (as defined in Rule 16a-1(f)) during the third quarter of fiscal year 2024. The Rule 10b5-1 trading plans listed below are each intended to satisfy the affirmative defense of Rule 10b5-1(c):
| Name | Title | Date Plan was Adopted | Expiration Date | Total Amount of Class A Common Stock to be Sold Under the Plan | Total Amount of Class B Common Stock to be Sold Under the Plan | Total Amount of Class A & B Common Stock to be Sold Under the Plan |
|---|---|---|---|---|---|---|
| Nicholas Woodman | Chief Executive Officer & Chairman | 08/30/2024 (1) | 11/30/2025 | 644,848 | 4,155,152 | 4,800,000 (2) |
(1) On August 30, 2024, Nicholas Woodman, our Chief Executive Officer and Chairman, entered into a Rule 10b5-1 trading plan on behalf of The Woodman Family Trust U/A/D 03-11-2011 (the "WFT 2024 Plan") which was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
(2) The WFT 2024 Plan provides for the sale of up to a maximum of 644,848 shares of Class A common stock, and 4,155,152 shares of Class B common stock. Due to pricing conditions in the WFT 2024 Plan the number of shares actually sold under the WFT 2024 Plan may be less than the maximum number of shares that can be sold, as noted in the table above. The WFT 2024 Plan will expire on November 30, 2025, or earlier if all transactions under the WFT 2024 Plan are completed.
On July 12, 2024, Brian T. McGee, our Executive Vice President, Chief Financial Officer and Chief Operating Officer, terminated a Rule 10b5-1 trading plan which was adopted on August 10, 2023 and intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. As of the date of termination of his Rule 10b5-1 trading plan, Mr. McGee sold 130,952 shares of Class A common stock under its terms.
No other Company officers or directors, as defined in Rule 16a-1(f), adopted, modified, or terminated a Rule 10b5-1 trading plan during the Company’s third quarter ended September 30, 2024.
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