SEC Form 4 · accession 0001209191-16-126681
GoPro, Inc. · GPRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony John Bates
Officer — President · Director
Period of report
May 4, 2016
Accepted (ET)
Jun 8, 2016 · 8:39 pm EDT
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 | May 4, 2016 | A | 374,446 | $0.00 | A | 404,540 | D | |
| Class A Common StockF3,F4 | Jun 6, 2016 | S | 9,704 | $10.7889 | D | 394,836 | 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)F5 | $10.92 | Jun 6, 2016 | A | 715,649 | A | — | Jun 5, 2026 | Class A Common Stock | 715,649 | 715,649 | D |
Explanation of responses
- F1Represents awards of restricted stock units that will vest over a forty-four month period as follows: 4.55% of the underlying shares vest on August 15, 2016, and 6.82% of the underlying shares will vest on each three-month anniversary thereafter, subject to the Reporting Person's continuous service.
- F2The restricted stock units were granted by the Issuer's Board of Directors on May 4, 2016, subject to stockholder approval, which was obtained on June 6, 2016.
- F3The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F4The price reported is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $10.39 to $10.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The option shall vest over a forty-four month period as follows: 1/44 of the underlying shares vest on July 6, 2016, and 1/44 of the underlying shares vest monthly thereafter, subject to the Reporting Person's continuous service.