Company: FSLY
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015174
Chunk: 60

Company: Fastly, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 60
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2024       |     | —          |     | —                          |     |       — |     |       — |     |                               — |     |          — |     | 1,226,158(8) |     | —         |     | —           |     | 8,742,507 |     |            |

| (1) | Amounts shown in this column represent the cash commission awards provided for Mr. Lovett pursuant to our Commission Plan. The Commission Plan does not provide for a threshold or maximum amount to Mr. Lovett, and is not pro-rated based on Mr. Lovett’s start date. See “2024 Summary Compensation Table” above for amounts achieved under the Commission Plan. |

| (2) | Our 2024 Bonus Program provided for payment of bonuses based on our achievement of the 2024 Objectives with amounts earned by the Named Executive Officers to be paid in the form of fully vested RSUs. For Messrs. Nightingale, Bergman, and Kisling, the amounts shown in the “Estimated Future Payouts Under Equity Incentive Plan Awards” column of this table include the applicable dollar values of the bonus award, which was converted to a number of fully vested RSUs that were issued with respect to the bonuses earned under our 2024 Bonus Program (as determined by dividing the applicable dollar value of the bonus earned by the closing price of our common stock on February 21, 2025, of $7.26, rounded down to the nearest whole RSU. Additional information on the payment of the 2024 Bonus Program bonuses is set out in footnote 1 to the Summary Compensation Table and footnote 4 to this table. |

| (3) | These awards were granted by our Compensation Committee in March 2024 and may be earned from 0% to 150% based on the achievement of certain pre-established performance goals during fiscal year 2024. Once earned, this award would be subject to time-based vesting, with 33% of the earned shares vesting on February 26, 2025, and 8.375% quarterly thereafter on May 26, August 26, November 26 and February 26, subject to the grantee continuing to provide services to us through each vesting date. 25.0% of the pre-established performance goals were met, and the grantees were eligible to receive 25.0% of the target number of shares. |

| (4) |