March 15, 2024 · Form 4 insider transaction
Nightingale Todd bought 198,807 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 4 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-sixteenth (6.25%) of the total RSUs will vest on May 15, 2024 and the remainder will vest in 15 equal quarterly installments (August, November, February and May) of one-sixteenth thereafter (6.25% 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.