SEC Form 4 · accession 0001209191-16-099017
GoPro, Inc. · GPRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon S Zezima
Officer — General Counsel, Secretary
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 9:54 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,F2 | Feb 11, 2016 | A | 30,465 | $0.00 | A | 38,045 | D | |
| Class A Common Stock | Feb 16, 2016 | F | 734 | $11.59 | D | 37,311 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $10.17 | Feb 11, 2016 | A | 66,116 | A | — | Feb 10, 2026 | Class A Common Stock | 66,116 | 66,116 | D |
Explanation of responses
- F1Represents awards of restricted stock units that will vest over a four year period as follows: 25% shall vest on February 15, 2017, and 25% shall vest annually thereafter, subject to the Reporting Person's continuous service.
- F2Includes 707 shares acquired under the Issuer's employee stock purchase plan on February 12, 2016.
- F3Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- F4The option shall vest over a four year period as follows: 25% of the shares shall vest on February 11, 2017, and 1/48th of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.
Remarks
No shares were sold in transactions covered by this report.