X0306 4 2016-02-11 0 0001447599 FITBIT INC FIT 0001644896 Foundry Venture Capital 2007, L.P. 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001581766 Foundry Group Select Fund, L.P. 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001644897 Foundry Venture 2007, LLC 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001581764 Foundry Select Fund GP, LLC 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001065270 FELD BRADLEY A 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001644983 Levine Seth 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001248148 MCINTYRE RYAN A 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 0001248191 MENDELSON JASON A 1050 WALNUT STREET, SUITE 210 BOULDER CO 80302 0 0 1 0 Class A Common Stock 2016-02-11 4 J 0 6404770 0.00 D 25619078 I By Foundry Venture Capital 2007, L.P. Class A Common Stock 2016-02-11 4 J 0 944929 0.00 D 3779717 I By Foundry Group Select Fund, L.P. Class A Common Stock 2016-02-11 4 J 0 1434668 0.00 A 1434668 D Class A Common Stock 2016-02-11 4 J 0 1369308 0.00 D 65360 D Class A Common Stock 2016-02-11 4 S 0 65360 13.4632 D 0 D Class A Common Stock 2016-02-11 4 S 0 200000 13.4632 D 185792 D Class A Common Stock 2016-02-11 4 G 0 185792 0.00 D 0 D Class A Common Stock 2016-02-11 4 S 0 291745 13.4632 D 0 D Class A Common Stock 2016-02-11 4 G 0 263000 0.00 D 30026 D Class A Common Stock 2016-02-11 4 G 0 263000 0.00 A 263000 I By Trust Class A Common Stock 2016-02-11 4 S 0 263000 13.4632 D 0 I By Trust Class A Common Stock 2016-02-11 4 S 0 291745 13.4632 D 0 D Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by Foundry Venture Capital 2007, L.P. ("Foundry 2007") without consideration to its limited partners and its general partner, Foundry Venture 2007, LLC ("Foundry 2007 GP"). The shares are held by Foundry 2007. The general partner of Foundry 2007 is Foundry 2007 GP, which has voting and dispositive power over these shares. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry 2007 GP and share voting and dispositive power over these shares. Each of Foundry 2007 GP, Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein. Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by Foundry Group Select Fund, L.P. ("Foundry Select") without consideration to its limited partners. The shares are held by Foundry Group Select Fund, L.P. The general partner of Foundry Group Select Fund, L.P. is Foundry Select Fund GP, LLC, which has voting and dispositive power over these shares. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry Select Fund GP, LLC and share voting and dispositive power over these shares. Each of Foundry Select Fund GP, LLC, Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein. Represents the receipt of Class A Common Stock by Foundry 2007 GP from Foundry 2007, as described in greater detail in footnote (1). The shares are held by Foundry 2007 GP, which serves as the general partner of Foundry 2007. Brad Feld, Seth Levine, Ryan McIntyre and Jason Mendelson are the managing members of Foundry 2007 GP and share voting and dispositive power over these shares. Each of Mr. Feld, Mr. Levine, Mr. McIntyre and Mr. Mendelson disclaims beneficial ownership of the shares except to the extent of his or its respective pecuniary interest therein. Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Foundry 2007 GP without consideration to its members. Represents the weighted average sales price of the shares sold. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4. Shares sold by the Reporting Person consist of shares received by such Reporting Person in the distribution described in greater detail in footnote (7). Any shares reported as beneficially owned by the Reporting Person following such sale represent the remainder of the shares received by such Reporting Person in the distribution. The shares are held by Brad Feld. The shares are held by Seth Levine. Represents shares received by the Reporting Person in the distribution described in greater detail in footnote (7), which the Reporting Person gifted to a trust for the benefit of the Reporting Person's family members, of which the Reporting Person is a trustee. The shares reported as beneficially owned by the Reporting Person following the gift represent the remainder of the shares received by the Reporting Person in the distribution. The shares are held by Ryan McIntyre. Held by a trust for the benefit of the family members of the Mr. McIntyre, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The shares are held by Jason Mendelson. /s/ Brad Feld, Managing Director of Foundry Venture 2007, LLC, the General Partner of Foundry Venture Capital 2007, L.P. 2016-02-16 /s/ Brad Feld, Managing Director of Foundry Select Fund GP, LLC, the General Partner of Foundry Group Select Fund, L.P. 2016-02-16 /s/ Brad Feld, Managing Director of Foundry Venture 2007, LLC 2016-02-16 /s/ Brad Feld, Managing Director of Foundry Select Fund GP, LLC 2016-02-16 /s/ Brad Feld 2016-02-16 /s/ Seth Levine 2016-02-16 /s/ Ryan McIntyre 2016-02-16 /s/ Jason Mendelson 2016-02-16