SEC Form 4 · accession 0001018724-16-000264
AMAZON COM INC · AMZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian T Olsavsky
Officer — Senior Vice President and CFO
Period of report
May 15, 2016
Accepted (ET)
May 17, 2016 · 6:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001018724
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | May 15, 2016 | M | 296 | $0.00 | A | 296 | D | |
| Common Stock, par value $.01 per share | May 15, 2016 | M | 4,000 | $0.00 | A | 4,296 | D | |
| Common Stock, par value $.01 per share | May 15, 2016 | M | 1,214 | $0.00 | A | 5,510 | D | |
| Common Stock, par value $.01 per shareF2 | May 16, 2016 | S | 851 | $701.1058 | D | 4,659 | D | |
| Common Stock, par value $.01 per shareF3 | May 16, 2016 | S | 909 | $701.966 | D | 3,750 | D | |
| Common Stock, par value $.01 per shareF4 | May 16, 2016 | S | 600 | $703.4983 | D | 3,150 | D | |
| Common Stock, par value $.01 per shareF5 | May 16, 2016 | S | 1,439 | $704.4935 | D | 1,711 | D | |
| Common Stock, par value $.01 per share | May 16, 2016 | S | 100 | $705.18 | D | 1,611 | D | |
| Common Stock, par value $.01 per shareF6 | May 16, 2016 | S | 400 | $706.70 | D | 1,211 | D | |
| Common Stock, par value $.01 per shareF7 | May 16, 2016 | S | 211 | $708.233 | D | 1,000 | D | |
| Common Stock, par value $.01 per share | holding | — | — | — | 60 | I | Held by the reporting person's Amazon.com 401(k) plan account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit AwardF8,F9 | $0.00 | May 15, 2016 | M | 296 | D | May 15, 2016 | Feb 15, 2021 | Common Stock, par value $.01 per share | 296 | 17,477 | D |
| Restricted Stock Unit AwardF8,F10 | $0.00 | May 15, 2016 | M | 4,000 | D | May 15, 2014 | May 15, 2016 | Common Stock, par value $.01 per share | 4,000 | 0 | D |
| Restricted Stock Unit AwardF8,F11 | $0.00 | May 15, 2016 | M | 1,214 | D | May 15, 2013 | Feb 15, 2017 | Common Stock, par value $.01 per share | 1,214 | 3,643 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F10This award vests at the rate of: 4,000 shares on each of May 15, 2014 and May 15, 2016.
- F11This award vests at the rate of: 1,151 shares on each of May 15, 2013, August 15, 2013, and November 15, 2013; 1,149 shares on February 15, 2014; 971 shares on each of May 15, 2014, August 15, 2014, and November 15, 2014; 970 shares on February 15, 2015; 1,129 shares on each of May 15, 2015, August 15, 2015, November 15, 2015, and February 15, 2016; 1,214 shares on each of May 15, 2016, August 15, 2016, and November 15, 2016; and 1,215 shares on February 15, 2017.
- F2Represents the weighted average sale price. The highest price at which shares were sold was $701.60 and the lowest price at which shares were sold was $700.77.
- F3Represents the weighted average sale price. The highest price at which shares were sold was $702.25 and the lowest price at which shares were sold was $701.78.
- F4Represents the weighted average sale price. The highest price at which shares were sold was $703.98 and the lowest price at which shares were sold was $703.00.
- F5Represents the weighted average sale price. The highest price at which shares were sold was $704.91 and the lowest price at which shares were sold was $704.04.
- F6Represents the weighted average sale price. The highest price at which shares were sold was $707.02 and the lowest price at which shares were sold was $706.34.
- F7Represents the weighted average sale price. The highest price at which shares were sold was $708.52 and the lowest price at which shares were sold was $707.92.
- F8Converts into Common Stock on a one-for-one basis.
- F9This award vests based upon the following vesting schedule and the satisfaction of certain business criteria intended to qualify the award as tax-deductible compensation under Section 162(m) of the Internal Revenue Code: 296 shares on each of May 15, 2016 and August 15, 2016; 297 shares on each of November 15, 2016 and February 15, 2017; 747 shares on May 15, 2017; 748 shares on each of August 15, 2017, November 15, 2017, and February 15, 2018; 781 shares on each of May 15, 2018 and August 15, 2018; 782 shares on each of November 15, 2018 and February 15, 2019; 1,479 shares on May 15, 2019; 1,480 shares on each of August 15, 2019, November 15, 2019, and February 15, 2020; 1,137 shares on May 15, 2020; and 1,138 shares on each of August 15, 2020, November 15, 2020, and February 15, 2021.
Remarks
The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.