X0306 4 2015-11-12 0 0001447599 FITBIT INC FIT 0001645086 FRIEDMAN ERIC N. C/O FITBIT, INC. 405 HOWARD STREET SAN FRANCISCO CA 94105 1 1 1 0 CTO Employee Stock Option (Right to Buy) 0.055 2015-11-12 4 M 0 620000 0 D 2021-09-26 Class B Common Stock 620000 1435180 D Class B Common Stock 2015-11-12 4 M 0 620000 A Class A Common Stock 620000 13991575 D Class B Common Stock Class A Common Stock 46344 46344 I By trust Class B Common Stock Class A Common Stock 3600000 3600000 I By grantor retained annuity trust The option vested as to 1/4th of the total number of shares on September 27, 2012, and thereafter vested and shall continue to vest as to 1/48th of the total number of shares in equal monthly installments. 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 a trustee and beneficiary of the trust 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. /s/ Juliana Chen, Attorney-in-Fact 2015-11-16