0001127602-20-031629.txt : 20201216
0001127602-20-031629.hdr.sgml : 20201216
20201216200459
ACCESSION NUMBER: 0001127602-20-031629
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201201
FILED AS OF DATE: 20201216
DATE AS OF CHANGE: 20201216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FRIEDMAN ERIC N.
CENTRAL INDEX KEY: 0001645086
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37444
FILM NUMBER: 201393901
MAIL ADDRESS:
STREET 1: C/O FITBIT, INC.
STREET 2: 405 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
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: 199 FREMONT STREET
STREET 2: 14TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-513-1000
MAIL ADDRESS:
STREET 1: 199 FREMONT STREET
STREET 2: 14TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
FORMER COMPANY:
FORMER CONFORMED NAME: FITBIT INC
DATE OF NAME CHANGE: 20081009
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-12-01
0001447599
FITBIT, INC.
FIT
0001645086
FRIEDMAN ERIC N.
C/O FITBIT INC.
199 FREMONT STREET, 14TH FLOOR
SAN FRANCISCO
CA
94105
1
1
1
CTO
Class A Common Stock
2020-12-15
4
M
0
4116
0
A
109197
D
Class A Common Stock
2020-12-15
4
M
0
4125
0
A
113322
D
Class A Common Stock
2020-12-15
4
M
0
17400
0
A
130722
D
Class A Common Stock
2020-12-15
4
F
0
8868
7.21
D
121854
D
Class B Common Stock
2020-12-01
5
G
0
E
1601941
0
D
Class A Common Stock
1601941
8276144
D
Class B Common Stock
2020-12-01
5
G
0
E
1601941
0
A
Class A Common Stock
1601941
1601941
I
By LLC
Restricted Stock Units
0
2020-12-15
4
M
0
4116
0
D
Class A Common Stock
4116
4117
D
Restricted Stock Units
0
2020-12-15
4
M
0
4125
0
D
Class A Common Stock
4125
20625
D
Restricted Stock Units
0
2020-12-15
4
M
0
17400
0
D
Class A Common Stock
17400
17400
D
Class B Common Stock
Class A Common Stock
1418619
1418619
I
By GRAT 9
Class B Common Stock
Class A Common Stock
1444569
1444569
I
By GRAT 10
Class B Common Stock
Class A Common Stock
736812
736812
I
By GRAT 11
Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A common stock upon settlement for no consideration.
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 Reporting Person is the manager of the LLC and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
1/12th of the RSUs vested on June 15, 2018, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
1/12th of the RSUs vested on June 15, 2019, and the remainder will vest on each quarterly anniversary thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A common stock will be delivered to the Reporting Person upon vesting.
1/4 of the RSUs will vest on June 15, 2020, and the remainder will vest quarterly thereafter in equal installments, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon vesting.
/s/ Andy Missan, attorney-in-fact
2020-12-16