Company: FSLY
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015174
Chunk: 77

Company: Fastly, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 77
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 same methodology we use for our Named Executive Officers as set forth in our Summary Compensation Table. With respect to the annual total compensation of our CEO, we used the amount reported in the “Total” column of our 2024 Summary Compensation Table. SEC rules and guidance provide significant flexibility in how companies identify the median employee, and each company may use a different methodology and make different assumptions particular to that company. As a result, and as the SEC explained when it adopted these rules, in considering the pay-ratio disclosure, stockholders should keep in mind that the rules were not designed to facilitate comparisons of pay ratios among different companies, even companies within the same industry, but rather were designed to allow stockholders to better understand and assess each particular company’s compensation practices and pay-ratio disclosures.

2025 PROXY STATEMENT | 55

TABLE OF CONTENTS

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS The following table shows certain information with respect to all of our equity compensation plans in effect as of December 31, 2024:

| Plan Category                                             |     |        Number of 
 securities to be 
      issued upon 
      exercise of 
      outstanding 
    stock options 
   and restricted 
      stock units 
              (a) |     |         Weighted- 
           average 
 exercise price of 
       outstanding 
     stock options 
            (b)(3) |     |            Number of 
 securities remaining 
        available for 
       issuance under 
               equity 
         compensation 
     plans (excluding 
 securities reflected 
       in column (a)) |
| Equity compensation plans approved by stockholders(1)     |     |    16,813,379(2) |     |             $8.60 |     |         6,871,437(4) |
| Equity compensation plans not approved by stockholders(5) |     |           29,359 |     |            $13.96 |     |                    — |
| Total                                                     |     |       16,842,738 |     |             $8.61 |     |            6,871,437 |

| (1) | The equity compensation plans approved by security holders are described in Note 11 to our financial statements included in our Annual Report. |

| (2) | Excludes 4,919,506, the maximum number of shares that could be purchased in the ongoing offering period under the ESPP as of December 31, 2024.