Company: FSLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001517413-25-000299
Chunk: 228

Company: Fastly, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1A
Chunk 228
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 Shares of Class A Common Stock to be SoldTotal Shares of Class A Common Stock to be PurchasedExpiration DateCharles Compton  (1)Termination8/27/2025X————Adoption8/27/2025X—339,874 plus any shares awarded under the 2025 Bonus Program—8/31/2026* Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act.(1) On August 27, 2025, Charles Compton, the Company's Chief Executive Officer, terminated his previously disclosed 10b5-1 plan, entered into on June 3, 2025. On the same date, Mr. Compton entered into a new 10b5-1 Plan, providing for the potential sale of up to 339,874 shares of the Company's Common Stock plus any shares awarded under the Company's 2025 Bonus Program as detailed in Note 10—Stockholders' Equity—Company-wide Bonus Programs (“Bonus Programs”). However, because certain of Mr. Compton's planned sale amounts are equal to a designated percentage of the net number of shares (i)  resulting from RSUs vesting or (ii) from the Executive PSUs as detailed in Note 10—Stockholders' Equity—Performance stock awards for executive officers (“Executive PSUs”), of which a portion will be surrendered to the Company or sold to cover withholding taxes, depending on how many shares are withheld in these instances, and the level of achievement of certain Company-wide targets related to the Company’s operating plan for the fiscal year 2025 (as it relates to the Executive PSUs), the maximum number of shares to be sold may be less. The plan expires on August 31, 2026, or upon the earlier completion of all authorized transactions under the plan.

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Item 6. Exhibits

ExhibitNumberExhibit Description FormFile No.ExhibitFiling DateFiled Herewith3.1Amended and Restated Certificate of Incorporation.8-K001-388973.1May 21, 20193.2Certificate of Amendment of Amended and Restated Certificate of Incorporation.8-K001-388973.1June 10, 20203.3Amended and Restated Bylaws.