Brian Mcgee - Aug 16, 2021 Form 4 Insider Report for GoPro, Inc. (GPRO)

Signature
/s/ Jason Stephen, Attorney-in-Fact for Brian McGee
Stock symbol
GPRO
Transactions as of
Aug 16, 2021
Transactions value $
-$176,884
Form type
4
Date filed
8/18/2021, 04:03 PM
Previous filing
May 26, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPRO Class A Common Stock Options Exercise $72.3K +12.6K +4.21% $5.74 312K Aug 16, 2021 Direct
transaction GPRO Class A Common Stock Options Exercise $36.9K +9.04K +2.9% $4.08 321K Aug 16, 2021 Direct
transaction GPRO Class A Common Stock Sale -$217K -21.6K -6.74% $10.05 299K Aug 16, 2021 Direct F1, F2
transaction GPRO Class A Common Stock Tax liability -$31.5K -3.1K -1.03% $10.19 296K Aug 16, 2021 Direct F3
transaction GPRO Class A Common Stock Sale -$37.2K -3.71K -1.25% $10.03 292K Aug 17, 2021 Direct F1
holding GPRO Class A Common Stock 276 Aug 16, 2021 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPRO Employee Stock Options (right to buy) Options Exercise $0 -12.6K -33.33% $0.00 25.2K Aug 16, 2021 Class A Common Stock 12.6K $5.74 Direct F4
transaction GPRO Employee Stock Options (right to buy) Options Exercise $0 -9.04K -9.09% $0.00 90.4K Aug 16, 2021 Class A Common Stock 9.04K $4.08 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The price reported in Column 4 of Table I is a weighted average sale price. These shares of Class A Common Stock were sold in multiple transactions at sales prices ranging from $9.965 to $10.19, 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 ranges set forth in the footnote of this Form 4.
F3 Exempt 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 line item 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 in this line item for any reason other than to cover required taxes.
F4 The option vests over a four year period as follows: 25% of the underlying shares shall vest on February 15, 2019, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.
F5 The option vests over a four-year period as follows: 25% of the underlying shares shall vest on February 15, 2021, and 1/48 of the shares shall vest monthly thereafter, subject to the Reporting Person's continuous service.