0001140361-17-011017.txt : 20170308
0001140361-17-011017.hdr.sgml : 20170308
20170308162629
ACCESSION NUMBER: 0001140361-17-011017
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170306
FILED AS OF DATE: 20170308
DATE AS OF CHANGE: 20170308
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FITBIT INC
CENTRAL INDEX KEY: 0001447599
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571]
IRS NUMBER: 208920744
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-513-1000
MAIL ADDRESS:
STREET 1: 405 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROBERTS TIMOTHY M.
CENTRAL INDEX KEY: 0001645094
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37444
FILM NUMBER: 17675386
MAIL ADDRESS:
STREET 1: C/O FITBIT, INC.
STREET 2: 405 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
doc1.xml
FORM 4
X0306
4
2017-03-06
0
0001447599
FITBIT INC
FIT
0001645094
ROBERTS TIMOTHY M.
C/O FITBIT, INC.
405 HOWARD STREET
SAN FRANCISCO
CA
94105
0
1
0
0
EVP, INTERACTIVE
Class A Common Stock
2017-03-06
4
C
0
19385
A
19385
D
Class A Common Stock
2017-03-06
4
S
0
19385
6.0203
D
0
D
Class A Common Stock
38736
I
By family trust
Employee Stock Option (right to buy)
0.0459
2017-03-06
4
M
0
19385
0
D
2020-11-09
Class B Common Stock
19385
792607
D
Class B Common Stock
2017-03-06
4
M
0
19385
0
A
Class A Common Stock
19385
276333
D
Class B Common Stock
2017-03-06
4
C
0
19385
0
D
Class A Common Stock
19385
256948
D
Class B Common Stock
Class A Common Stock
7158
7158
I
By grantor retained annuity trust
Class B Common Stock
Class A Common Stock
7158
7158
I
By spouse's grantor retained annuity trust
The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) June 17, 2027.
The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $5.92 to a high sale price of $6.18. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon written request from the staff of the Securities and Exchange Commission, the Issuer, or a stockholder of the Issuer.
The option vested as to 1/4th of the total number of shares on September 24, 2011, and thereafter vested and shall continue to vest as to 1/48th of the total number of shares in equal monthly installments.
/s/Audrey Fernandez-Elliott, attorney-in-fact
2017-03-08