SEC Form 4 · accession 0001127602-18-036680

FITBIT INC · FIT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CTO · Director · 10% Owner

Period of report

Dec 15, 2018

Accepted (ET)

Dec 18, 2018 · 7:04 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001447599

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Class A Common Stock^F1	Dec 15, 2018	M	4,113	$0.00	A	34,158	D
Class A Common Stock^F1	Dec 15, 2018	M	4,117	$0.00	A	38,275	D
Class A Common Stock	Dec 15, 2018	F	4,082	$4.90	D	34,193	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	$0.00	Dec 15, 2018	M	4,113	D	—	—	Class A Common Stock	4,113	20,562	D
Restricted Stock Units^F1,F3	$0.00	Dec 15, 2018	M	4,117	D	—	—	Class A Common Stock	4,117	37,050	D

F1Each 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.
F21/4th of the total number of RSUs vested on March 15, 2017, and thereafter shall vest as to 1/16th of the total number of RSUs in equal quarterly 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.
F31/12 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.