Fastly Inc
For the period ended Jun 30, 2024. Filed Aug 8, 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.
Jun 30, 2024 · Filed Aug 8, 2024
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Item 5. Other Information
Trading Arrangements
During the Company’s last fiscal quarter, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted, terminated, or modified the contracts, instructions or written plans for the purchase or sale of the Company’s securities set forth in the table below.
| Type of Trading Arrangement | |||||||
|---|---|---|---|---|---|---|---|
| Name and Position | Action | Adoption/ TerminationDate | Rule 10b5-1* | Non-Rule 10b5-1** | Total Shares of Class A Common Stock to be Sold | Total Shares of Class A Common Stock to be Purchased | Expiration Date |
| Artur Bergman, Chief Technology Officer (1) | Adoption | 6/3/2024 | X | — | 2,119,014 | — | 8/22/2025 |
| Christopher Paisley, Director | Adoption | 5/30/2024 | X | — | 12,000 | — | 8/29/2025 |
| * Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. | |||||||
| ** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act. | |||||||
(1)Artur Bergman, our Chief Technology Officer, adopted a Rule 10b5-1 Plan on June 3, 2024. Mr. Bergman's plan provides for the potential sale of up to 2,119,014 shares of the Company’s Class A Common Stock; provided, however, because certain of Mr. Bergman’s planned sale amounts are equal to a designated percentage of the net number of shares resulting from RSUs vesting, of which a portion will be surrendered to the Company or sold to cover withholding taxes, depending on how many shares are withheld in these instances, the maximum number of shares to be sold may be less. The plan expires on August 22, 2025, or upon the earlier completion of all authorized transactions under the plan.
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