Company: FSLY
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015174
Chunk: 78

Company: Fastly, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 78
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| (3) | Excludes 14,449,591 shares issuable upon vesting of outstanding awards of restricted stock units, as such shares have no exercise price. |

| (4) | The reserve for shares available under our 2019 Plan automatically increases on January 1st each year, through and including January 1, 2029, in an amount equal to 5% of the total number of shares of our capital stock outstanding on the last day of the preceding fiscal year, or a lesser number of shares as determined by the Board of Directors. The reserve for shares available under the ESPP automatically increases on January 1st each year, through and including January 1, 2029, in an amount equal to the lesser of (i) 1% of the total number of shares of our capital stock outstanding on the last day of the preceding fiscal year and (ii) 2,500,000 shares, or a lesser number of shares as determined by the Board of Directors. Accordingly, an additional 7,104,306 and 1,420,861 shares were added to the number of available shares under our 2019 Plan and our ESPP, respectively, effective January 1, 2025. |

| (5) | In connection with our acquisition of Signal Sciences Corp., we assumed the Signal Sciences Corp. 2014 Stock Option and Grant Plan (the “Signal Sciences Plan”). |

56 | 2025 PROXY STATEMENT

TABLE OF CONTENTS

COMPENSATION OF NON-EMPLOYEE DIRECTORS The following table shows for the fiscal year ended December 31, 2024, certain information with respect to the compensation of our non-employee directors:

| Name                   |     | Fees Earned or 
   Paid in Cash |     |        Stock 
 Awards(1)(2) |     |    Total |
| Aida Álvarez           |     |        $50,000 |     |     $199,995 |     | $244,995 |
| Richard Daniels        |     |        $40,000 |     |     $199,995 |     | $239,995 |
| David Hornik           |     |        $60,000 |     |     $199,995 |     | $259,995 |
| Paula Loop             |     |        $40,000 |     |     $199,995 |     | $239,995 |
| Charles Meyers         |     |        $55,000