SEC Form 4 · accession 0001609711-18-000049
GoDaddy Inc. · GDDY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ah Kee Andrew Low
Officer — Chief Revenue Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609711
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.001 per shareF1 | Feb 23, 2018 | A | 32,528 | $0.00 | A | 51,880 | D | |
| Class A Common Stock, par value $0.001 per share | Feb 26, 2018 | X | 6,000 | $18.22 | A | 57,880 | D | |
| Class A Common Stock, par value $0.001 per shareF3 | Feb 26, 2018 | S | 6,000 | $61.3774 | D | 51,880 | D | |
| Class A Common Stock, par value $0.001 per share | Feb 26, 2018 | M | 4,951 | $32.09 | A | 56,831 | D | |
| Class A Common Stock, par value $0.001 per shareF3 | Feb 26, 2018 | S | 4,951 | $61.3774 | D | 51,880 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $18.22 | Feb 26, 2018 | X | 6,000 | D | — | Dec 10, 2024 | Class A Common Stock, par value $0.001 per share | 6,000 | 12,000 | D |
| Employee Stock Option (right to buy)F5 | $32.09 | Feb 26, 2018 | M | 4,951 | D | — | Jun 8, 2026 | Class A Common Stock, par value $0.001 per share | 4,951 | 49,513 | D |
| Employee Stock Option (right to buy)F6 | $61.48 | Feb 23, 2018 | A | 102,394 | A | — | Feb 23, 2028 | Class A Common Stock, par value $0.001 per share | 102,394 | 102,394 | D |
Explanation of responses
- F1Represents Restricted Stock Units (RSUs), of which 25% shall vest on March 1, 2019 and the remaining RSUs shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued employment with the Company. Upon vesting of these RSUs, the Reporting Person will receive shares of Class A Common Stock of the Company.
- F2The shares were sold pursuant to a 10b5-1 trading plan.
- F3The sale price for this transaction represents the weighted average sale price of the shares sold, ranging from $61.13 to $61.82 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F420% of the shares underlying the option vested on each of December 10, 2015, 2016 and 2017. The remaining shares shall vest evenly on December 10, 2018 and 2019 subject to the Reporting Person's continued employment with the Company.
- F525% of the shares underlying the option vested on June 8, 2017. The remaining shares shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued employment with the Company.
- F625% of the shares underlying the option shall vest on March 1, 2019 and the remaining shares shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued employment with the Company.