February 26, 2025 · Form 4 insider transaction
Lovett Scott R. bought 193,340 shares of Fastly, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs are initially subject to vesting. One-twelfth (8.33%) of the total RSUs will vest on May 15, 2025 and the remainder will vest in 11 equal quarterly installments (August, November, February and May) of one-twelfth thereafter (8.33% of the total RSUs will vest per quarter), in each case subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.