Dean Jahnke - Feb 15, 2024 Form 4 Insider Report for GoPro, Inc. (GPRO)

Signature
Jason Stephen, Attorney-in-Fact for Dean Jahnke
Stock symbol
GPRO
Transactions as of
Feb 15, 2024
Transactions value $
-$131,027
Form type
4
Date filed
2/20/2024, 04:06 PM
Previous filing
Feb 12, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPRO Class A Common Stock Tax liability -$63.9K -25.7K -7.99% $2.49 296K Feb 15, 2024 Direct F1, F2
transaction GPRO Class A Common Stock Sale -$67.1K -27.8K -9.42% $2.41 268K Feb 16, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 2500 shares acquired under the Issuer's employee stock purchase plan on February 15, 2024.
F3 The sales reported on this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023, entered into and amended prior to the effectiveness of the revised requirement of Rule 10b5-1(c).
F4 The reported price in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.38 to $2.45 per share, 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 on this Form 4.