SEC Form 4 · accession 0001140361-16-067603
FITBIT INC · FIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher B Paisley
Director
Period of report
May 26, 2016
Accepted (ET)
May 27, 2016 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001447599
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | May 26, 2016 | A | 11,442 | A | — | — | Class A Common Stock | 11,442 | 11,442 | D |
Explanation of responses
- 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.
- F2100% of the RSUs will vest on May 26, 2017, subject to the continuing service of the Reporting Person on the vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.