SEC Form 4 · accession 0001609711-18-000151
GoDaddy Inc. · GDDY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara J Rechterman
Officer — Chief Marketing Officer
Period of report
May 25, 2018
Accepted (ET)
May 30, 2018 · 6:08 pm EDT
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 share | May 25, 2018 | M | 10,000 | $0.00 | A | 80,795 | D | |
| Class B Common Stock, par value $0.001 per share | May 25, 2018 | D | 10,000 | $0.00 | D | 880,649 | D | |
| Class A Common Stock, par value $0.001 per shareF3 | May 30, 2018 | S | 10,000 | $71.7672 | D | 70,795 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units of Desert Newco, LLCF1 | $1.58 | May 25, 2018 | M | 10,000 | D | — | — | Class A Common Stock, par value $0.001 per share | 10,000 | 440,649 | D |
Explanation of responses
- F1Represents units of Desert Newco, LLC owned by the Reporting Person. Following the closing of the Company's IPO, pursuant to the terms of and subject to the limitations and restrictions set forth in an exchange agreement, units of Desert Newco, LLC are exchangeable for shares of Class A Common Stock on a one-for-one basis. Upon any such exchange for Class A Common Stock, the corresponding shares of Class B Common Stock then owned by such holder are canceled.
- 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 $71.16 to $72.20 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.