Company: FSLY
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015174
Chunk: 72

Company: Fastly, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 72
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, the performance conditions have been deemed satisfied based on actual achievement. |

50 | 2025 PROXY STATEMENT

TABLE OF CONTENTS

Pay vs. Performance As required by Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance measures of the Company. In accordance with applicable SEC rules, the adjustments described and quantified below were made to the values reported in the Summary Compensation table for each applicable year to determine the “actual” compensation paid to our Principal Executive Officers (“PEOs”) and the average “actual” compensation paid to our other Named Executive Officers (or “NEOs”). For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to “Executive Compensation – Compensation Discussion and Analysis.” The following table summarizes compensation values reported in the Summary Compensation Table for our PEO and the average for our other NEOs, as compared to “compensation actually paid” or “CAP” and the Company’s financial performance for the years ended December 31, 2024, 2023, 2022, 2021, and 2020:

| Year        |     |         Summary 
    Compensation 
 Table Total for 
           Artur 
      Bergman(1) |     |  Compensation 
 Actually Paid 
      to Artur 
 Bergman(1)(2) |     |         Summary 
    Compensation 
 Table Total for 
          Joshua 
        Bixby(1) |     |  Compensation 
 Actually Paid 
     to Joshua 
   Bixby(1)(2) |     |         Summary 
    Compensation 
 Table Total for 
       PEO (Todd 
 Nightingale)(1) |     |      Compensation 
     Actually Paid 
           to Todd 
 Nightingale(1)(2) |     |      Average 
      Summary 
 Compensation 
  Table Total 
  for Non-PEO 
      NEOs(3) |     |       Average 
  Compensation 
 Actually Paid 
    to Non-PEO 
    NEOs(3)(4) |     | Value of Initial Fixed $100 
        Investment Based On: |     |         |     | Net        
 Income     
 (millions) |     |       Revenue 
 (millions)(6) |
| Total       
 Stockholder 
 Return      |     |      Peer Group 
           Total 
     Stockholder 
       Return(5) |     |