Roger Chen - 01 Dec 2023 Form 4 Insider Report for GoDaddy Inc. (GDDY)

Role
Chief Operating Officer
Signature
Marc Padwe, Attorney-in-Fact
Issuer symbol
GDDY
Transactions as of
01 Dec 2023
Net transactions value
-$1,832,221
Form type
4
Filing time
05 Dec 2023, 19:23:27 UTC
Previous filing
27 Nov 2023
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDDY Class A Common Stock Options Exercise $471,250 +15,625 +9.7% $30.16 177,341 01 Dec 2023 Direct
transaction GDDY Class A Common Stock Options Exercise $264,364 +4,300 +2.4% $61.48 181,641 01 Dec 2023 Direct
transaction GDDY Class A Common Stock Options Exercise $444,246 +6,331 +3.5% $70.17 187,972 01 Dec 2023 Direct
transaction GDDY Class A Common Stock Sale $3,012,082 -30,256 -16% $99.55 157,716 01 Dec 2023 Direct F1, F2

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 GDDY Employee Stock Option (right to buy) Options Exercise $0 -15,625 -100% $0.000000* 0 01 Dec 2023 Class A Common Stock 15,625 $30.16 Direct F3
transaction GDDY Employee Stock Option (right to buy) Options Exercise $0 -4,300 -100% $0.000000* 0 01 Dec 2023 Class A Common Stock 4,300 $61.48 Direct F3
transaction GDDY Employee Stock Option (right to buy) Options Exercise $0 -6,331 -67% $0.000000 3,083 01 Dec 2023 Class A Common Stock 6,331 $70.17 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a 10b5-1 trading plan.
F2 The sale price for this transaction represents the weighted average sale price of the shares sold, ranging from $99.20 to $100.14 per share. Upon request by the Commission staff or a security holder of the Issuer, the Issuer or the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F3 100% of the shares underlying the option are vested.
F4 14,643 of the shares underlying the option are vested as of December 1, 2023 and the remaining 771 shares will vest on February 27, 2024, subject to the Reporting Person's continuing to be a Service Provider for the Issuer.