SEC Form 5 · accession 0001140361-15-006553
GoPro, Inc. · GPRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 31, 2014
Accepted (ET)
Feb 13, 2015 · 3:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001500435
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jul 1, 2014 | C | 1,053,493 | $0.00 | A | 1,053,493 | I | By Subsidiary |
| Class A Common StockF1 | Jul 1, 2014 | S | 1,053,493 | $22.56 | D | 0 | I | By Subsidiary |
| Class A Common StockF1 | Nov 25, 2014 | C | 1,030,000 | $0.00 | A | 1,030,000 | I | By Subsidiary |
| Class A Common StockF1 | Nov 25, 2014 | S | 1,030,000 | $72.375 | D | 0 | I | By Subsidiary |
| Class A Common StockF1 | Dec 3, 2014 | C | 211,354 | $0.00 | A | 211,354 | I | By Subsidiary |
| Class A Common StockF1 | Dec 3, 2014 | S | 211,354 | $72.375 | D | 0 | I | By Subsidiary |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | — | Jul 1, 2014 | C | 1,053,493 | D | — | — | Class A Common Stock | 1,053,493 | 10,655,834 | I |
| Class B Common StockF1,F2 | — | Nov 25, 2014 | C | 1,030,000 | D | — | — | Class A Common Stock | 1,030,000 | 9,625,834 | I |
| Class B Common StockF1,F2 | — | Dec 3, 2014 | C | 211,354 | D | — | — | Class A Common Stock | 211,354 | 9,414,480 | I |
| Class B Common StockF1,F2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 11,709,327 | 11,709,327 | I |
Explanation of responses
- F1Owned directly by Foxteq Holdings Inc. ("Foxteq") and indirectly by (i) Foxconn (Far East) Ltd. ("Foxconn"), which is the manager of Foxteq, and (ii) Hon Hai Precision Ind. Co., Ltd. ("Hon Hai"), which is the manager of Foxconn. Previous filings on Form 3 and Forms 4 by Foxteq disclosed this holding and these transactions and the relationship of Foxconn and Hon Hai with Foxteq but did not include Foxconn or Hon Hai as Reporting Owners.
- F2Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock is also convertible into Class A Common Stock on the same basis upon any transfer, whether or not for value, except for "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the date when the outstanding shares of Class B Common Stock represent less than 10% of the aggregate number of shares of Common Stock then outstanding.
- F3Foxconn and Hon Hai indirectly owned 11,709,327 shares of Class B Common Stock on June 25, 2014, the date that the Issuer's initial registration statement was declared effective.