# EDGAR Filing Document

**Accession Number:** 0001500435
**File Stem:** 0001500435-23-000022
**Filing Date:** 2023-2
**Character Count:** 21682
**Document Hash:** 418deca12e3d494b0e6636e56f6a691b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001500435-23-000022.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001500435-23-000022

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 6

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GoPro, Inc.
- **CENTRAL INDEX KEY:** 0001500435
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861]
- **IRS NUMBER:** 770629474
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269692
- **FILM NUMBER:** 23611903

**BUSINESS ADDRESS:**
- **STREET 1:** 3025 CLEARVIEW WAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94402
- **BUSINESS PHONE:** 650-332-7600

**MAIL ADDRESS:**
- **STREET 1:** 3025 CLEARVIEW WAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94402

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Woodman Labs, Inc.
- **DATE OF NAME CHANGE:** 20100901

**As filed with the Securities and Exchange Commission on February 10, 2023**

**Registration No. 333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**______________________**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

**______________________**

![image_0.jpg](image_0.jpg)

**GOPRO, INC.**

(Exact Name of Registrant as Specified in Its Charter)

---

| | |
|:---|:---|
| **Delaware** | **77-0629474** |
| (State or Other Jurisdiction<br>of Incorporation or Organization) | (I.R.S. Employer<br>Identification No.) |

---

**3025 Clearview Way**

**San Mateo, CA 94402**

(Address of Principal Executive Offices) (Zip Code)

---

| |
|:---|
| **2014 Equity Incentive Plan, as amended** |
| **2014 Employee Stock Purchase Plan** |

---

(Full Title of the Plans)

**______________________**

**Nicholas Woodman**

**Chief Executive Officer**

**GoPro, Inc.**

**3025 Clearview Way**

**San Mateo, CA 94402**

(Name and Address of Agent For Service)

**(650) 332-7600**

(Telephone Number, including area code, of agent for service)

**______________________**

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | |
|:---|:---|
| Large accelerated filer  | Accelerated filer  |
| Non-accelerated filer  | Smaller reporting company  |
| | Emerging growth company  |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.

------

**REGISTRATION OF ADDITIONAL SHARES PURSUANT TO GENERAL INSTRUCTION E**

Pursuant to General Instruction E of Form S-8, GoPro, Inc. (the "***Registrant***") is filing this Registration Statement with the Securities and Exchange Commission (the "***Commission***") to register 6,705,834 additional shares of Class A Common Stock under the Registrant's 2014 Equity Incentive Plan, as amended ("***EIP***") and under the Registrant's 2014 Employee Stock Purchase Plan ("***ESPP***" and together with the EIP, the "***Plans***"), pursuant to the provisions of the Plans providing for an automatic increase in the number of shares reserved for issuance under such plans. This Registration Statement hereby incorporates by reference the contents of the Registrant's registration statements on Form S-8 filed with the Commission on June 25, 2014 (Registration No. 333-197033), February 20, 2015 (Registration No. 333-202191), March 1, 2016 (Registration No. 333-209866), March 25, 2016 (Registration No. 333-210408), February 17, 2017 (Registration No. 333-216109), February 16, 2018 (Registration No. 333-223081), February 15, 2019 (Registration No. 333-229725), February 14, 2020 (Registration No. 333-236464, February 12, 2021 (Registration No. 333-253060) and February 11, 2022 (Registration No. 333-262664). In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of the Form S-8 has been omitted from this Registration Statement.

------

**PART II**

**Information Required in the Registration Statement**

**Item 3. <u>Incorporation of Documents by Reference</u>.**

The Registrant hereby incorporates by reference into this Registration Statement the following documents previously filed with the Commission:

(a) the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Commission on February 10, 2023 pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the "  ***Exchange Act*** ");

(b) all other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by the Registrant's Annual Report referred to in (a) above; and

(c) the description of the Registrant's Class A Common Stock contained in the Registrant's Registration Statement on Form 8-A (Registration No. 001-36514) filed with the Commission on <u>[June 20, 2014](https://www.sec.gov/Archives/edgar/data/1500435/000119312514243527/d744087d8a12b.htm)</u>, including any amendments or reports filed for the purpose of updating such description.

All reports and definitive proxy or information statements filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which de-registers all securities then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents, except as to documents or information deemed to have been furnished and not filed in accordance with the rules of the Commission. Unless expressly incorporated into this Registration Statement, a report furnished on Form 8-K prior or subsequent to the date hereof shall not be incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such statement.

**Item 8. <u>Exhibits</u>.**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | |
| **Exhibit**<br>**Number** | **Exhibit Description** | **Form** | **File No.** | **Exhibit** | **Filing Date** | **Filed**<br>**Herewith** |
| <u>[4.01](https://www.sec.gov/Archives/edgar/data/1500435/000150043519000013/gpro2018-12x31exhibit301.htm)</u> | <u>[Restated Certificate of Incorporation of the Registrant, with Certificate of Change of Registered Agent and/or Registered Office.](https://www.sec.gov/Archives/edgar/data/1500435/000150043519000013/gpro2018-12x31exhibit301.htm)</u> | 10-K | 001-36514 | 3.01 | February 15, 2019 |  |
| <u>[4.02](https://www.sec.gov/Archives/edgar/data/1500435/000119312514404584/d809891dex302.htm)</u> | <u>[Amended and Restated Bylaws of the Registrant, as currently in effect.](https://www.sec.gov/Archives/edgar/data/1500435/000119312514404584/d809891dex302.htm)</u> | S-1 | 333-200038 | 3.02 | November 10, 2014 |  |
| <u>[4.03](https://www.sec.gov/Archives/edgar/data/1500435/000119312514204902/d552193dex401.htm)</u> | <u>[Form of Registrant's Class A common stock certificate.](https://www.sec.gov/Archives/edgar/data/1500435/000119312514204902/d552193dex401.htm)</u> | S-1 | 333-196083 | 4.01 | May 19, 2014 |  |
| <u>[4.04](https://www.sec.gov/Archives/edgar/data/1500435/000150043516000116/gpro2016-06x30exhibit1003.htm)</u> | <u>[2014 Equity Incentive Plan, as amended, and forms thereunder.](https://www.sec.gov/Archives/edgar/data/1500435/000150043516000116/gpro2016-06x30exhibit1003.htm)</u> | 10-Q | 001-36514 | 10.03 | July 29, 2016 |  |
| <u>[4.05](https://www.sec.gov/Archives/edgar/data/1500435/000119312514232583/d552193dex1004.htm)</u> | <u>[2014 Employee Stock Purchase Plan and forms thereunder.](https://www.sec.gov/Archives/edgar/data/1500435/000119312514232583/d552193dex1004.htm)</u> | S-1/A | 333-196083 | 10.04 | June 11, 2014 |  |
| <u>[5.01](gopro-sx8legalopinion2023e.htm)</u> | <u>[Opinion and Consent of Fenwick & West LLP.](gopro-sx8legalopinion2023e.htm)</u> |  |  |  |  | **X** |
| <u>[23.01](goprofy22pwcconsent-sx8.htm)</u> | <u>[Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm.](goprofy22pwcconsent-sx8.htm)</u> |  |  |  |  | **X** |
| <u>[23.02](gopro-sx8legalopinion2023e.htm)</u> | <u>[Consent of Fenwick & West LLP (included in Exhibit 5.01).](gopro-sx8legalopinion2023e.htm)</u> |  |  |  |  | **X** |
| <u>[24.01](#if019aed8348c4cf09bd80249bb576ba4_13)</u> | <u>[Power of Attorney (included on signature page).](#if019aed8348c4cf09bd80249bb576ba4_13)</u> |  |  |  |  | **X** |
| <u>[107.1](s-8exhibit10712023.htm)</u> | <u>[Filing Fee Table](s-8exhibit10712023.htm)</u> |  |  |  |  | **X** |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, GoPro, Inc. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Mateo, State of California, on this 10th day of February, 2023.

---

| | |
|:---|:---|
| **GoPro, Inc.** | **GoPro, Inc.** |
| By: | /s/ Nicholas Woodman |
|  | Nicholas Woodman<br>Chief Executive Officer |

---

------

**POWER OF ATTORNEY**

**KNOW ALL PERSONS BY THESE PRESENTS** , that the undersigned officers and directors of GoPro, Inc., a Delaware corporation, do hereby constitute and appoint Nicholas Woodman and Brian McGee, and each of them, the lawful attorneys-in-fact and agents with full power and authority to do any and all acts and things and to execute any and all instruments which said attorneys and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules or regulations or requirements of the Securities and Exchange Commission in connection with this Registration Statement. Without limiting the generality of the foregoing power and authority, the powers granted include the power and authority to sign the names of the undersigned officers and directors in the capacities indicated below to this Registration Statement, to any and all amendments, both pre-effective and post-effective, and supplements to this Registration Statement, and to any and all instruments or documents filed as part of or in conjunction with this Registration Statement or amendments or supplements thereof, and each of the undersigned hereby ratifies and confirms that all said attorneys and agents, or any one of them, shall do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons on behalf of the Registrant in the capacities and on the dates indicated.

------

---

| | | | |
|:---|:---|:---|:---|
| | <u>Name</u> | <u>Title</u> | <u>Date</u> |
| By: | /s/ Nicholas Woodman | Chief Executive Officer, Chairman and Director | February 10, 2023 |
|  | Nicholas Woodman | (Principal Executive Officer) |  |
| By: | /s/ Brian McGee | Chief Financial Officer and Chief Operating Officer | February 10, 2023 |
|  | Brian McGee | (Principal Financial and Accounting Officer) |  |
| By: | /s/ Tyrone Ahmad-Taylor | Director | February 10, 2023 |
|  | Tyrone Ahmad-Taylor |  |  |
| By: | /s/ Kenneth Goldman | Director | February 10, 2023 |
|  | Kenneth Goldman |  |  |
| By: | /s/ Peter Gotcher | Director | February 10, 2023 |
|  | Peter Gotcher |  |  |
| By: | /s/ Shaz Kahng | Director | February 10, 2023 |
|  | Shaz Kahng |  |  |
| By: | /s/ James Lanzone | Director | February 10, 2023 |
|  | James Lanzone |  |  |
| By: | /s/ Alexander Lurie | Director | February 10, 2023 |
|  | Alexander Lurie |  |  |
| By: | /s/ Susan Lyne | Director | February 10, 2023 |
|  | Susan Lyne |  |  |
| By: | /s/ Frederic Welts | Director | February 10, 2023 |
|  | Frederic Welts |  |  |
| By: | /s/ Lauren Zalaznick | Director | February 10, 2023 |
|  | Lauren Zalaznick |  |  |

---

## Ex-Filing

Calculation of Filing Fee Tables

Form S-8

(Form Type)

GoPro, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee |
| **Equity** | Class A Common stock, par value $0.0001 per share | Rule 457(c) and Rule 457(h) | 5029376(2) | $5.60 | $28164505.60 | 0.0001102 | $3, 103.73(4) |
| **Equity** | Class A Common stock, par value $0.0001 per share | Rule 457(c) and Rule 457(h) | 1676458(3) | $4.76 | $7979940.08 | 0.0001102 | $879.39(4) |
| **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** |  |  |  | $3983.12 |
| **Total Fee Offsets(4)** | **Total Fee Offsets(4)** | **Total Fee Offsets(4)** | **Total Fee Offsets(4)** |  |  |  | - |
| **Net Fee Due** | **Net Fee Due** | **Net Fee Due** | **Net Fee Due** |  |  |  | $3983.12 |

---

(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement on Form S-8 (the "Registration Statement") shall cover any additional shares of the Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of GoPro Inc. (the "Registrant") that become issuable under the 2014 Equity Incentive Plan (the "EIP") and the 2014 Employee Stock Purchase Plan (the "ESPP") by reason of any share dividend, share split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of outstanding Common Stock.

 (2) Represents an automatic increase to the number of shares available for issuance under the 2014 Equity Incentive Plan effective January 1, 2023.

 (3) Represents an automatic increase to the number of shares available for issuance under the 2014 Employee Stock Purchase Plan effective January 1, 2023.

(4) Calculated solely for the purposes of this offering under Rules 457(c) and (h) of the Securities Act on the basis of the average of the high and low prices of the Registrant's Class A Common Stock as reported on the Nasdaq Global Select Market on February 7, 2023. In the case of the 2014 Employee Stock Purchase Plan, this amount is multiplied by 85%, which amount is the percentage of the price per share applicable to purchases under the 2014 Employee Stock Purchase Plan.

## Exhibit 5.1

![fwltrhead.jpg](fwltrhead.jpg)

**<u>EXHIBIT 5.01</u>**

February 10, 2023

GoPro, Inc.

3025 Clearview Way

San Mateo, CA 94402

Re: Registration Statement on Form S-8

Ladies and Gentlemen:

As counsel to GoPro, Inc., a Delaware corporation (the "***Company***"), we have examined the Registration Statement on Form S-8 (the "***Registration Statement***") to be filed by the Company with the Securities and Exchange Commission (the "***Commission***") on or about February 10, 2023 in connection with the registration under the Securities Act of 1933, as amended (the "***Securities Act***"), of an aggregate of 6,705,834 shares (the "***Shares***") of the Company's Class A Common Stock, $0.0001 par value per share (the "***Class A Common Stock***"), subject to issuance by the Company (a) upon the exercise or settlement of awards granted or to be granted under the Company's 2014 Equity Incentive Plan, as amended to date (the "***2014 Plan***") and (b) pursuant to purchase rights to acquire shares of Class A Common Stock to be granted under the Company's 2014 Employee Stock Purchase Plan, as amended to date (the "***Purchase Plan***"). The 2014 Plan and the Purchase Plan are collectively referred to in this letter as the "***Plans***."

As to matters of fact relevant to the opinions rendered herein, we have examined such documents, certificates and other instruments which we have deemed necessary or advisable, including a certificate addressed to us and dated the date hereof executed by the Company (the "***Opinion Certificate***"). We have not undertaken any independent investigation to verify the accuracy of any such information, representations or warranties or to determine the existence or absence of any fact, and no inference as to our knowledge of the existence or absence of any fact should be drawn from our representation of the Company or the rendering of the opinion set forth below. We have not considered parol evidence in connection with any of the agreements or instruments reviewed by us in connection with this letter.

In our examination of documents for purposes of this letter, we have assumed, and express no opinion as to, the genuineness and authenticity of all signatures on original documents, the authenticity and completeness of all documents submitted to us as originals, that each document is what it purports to be, the conformity to originals of all documents submitted to us as copies or facsimile copies, the absence of any termination, modification or waiver of or amendment to any document reviewed by us (other than as has been disclosed to us), the legal competence or capacity of all persons or entities (other than the Company) executing the same and (other than the Company) the due authorization, execution and delivery of all documents by each party thereto. We have also assumed the conformity of the documents filed with the Commission via the Electronic Data Gathering, Analysis and Retrieval System ("***EDGAR***"), except for required EDGAR formatting changes, to physical copies submitted for our examination.

------

The opinions in this letter are limited to the existing General Corporation Law of the State of Delaware now in effect. We express no opinion with respect to any other laws.

Based upon, and subject to, the foregoing, it is our opinion that the Shares, when issued and sold by the Company (a) upon the exercise or settlement of awards granted or to be granted under the 2014 Plan and (b) pursuant to purchase rights to acquire shares of Class A Common Stock to be granted under the Purchase Plan in accordance with the terms (including, without limitation, payment and authorization provisions) of the applicable Plan and the applicable form of award agreement thereunder, against the Company's receipt of payment therefor (in an amount and type of consideration not less than the par value per Share), and duly registered on the books of the transfer agent and registrar for the Shares in the name or on behalf of the holders thereof, will be validly issued, fully paid and non-assessable.

We consent to the use of this opinion as an exhibit to the Registration Statement and further consent to all references to us, if any, in the Registration Statement, the prospectuses constituting a part thereof and any amendments thereto. We do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

This opinion is intended solely for your use in connection with issuance and sale of the Shares subject to the Registration Statement and is not to be relied upon for any other purpose. In providing this letter, we are opining only as to the specific legal issues expressly set forth above, and no opinion shall be inferred as to any other matter or matters. This opinion is rendered on, and speaks only as of, the date of this letter first written above, and does not address any potential change in facts or law that may occur after the date of this opinion letter. We assume no obligation to advise you of any fact, circumstance, event or change in the law or the facts that may hereafter be brought to our attention, whether or not such occurrence would affect or modify any of the opinions expressed herein.

Very truly yours,

**FENWICK & WEST LLP**

By: <u>/s/ Fenwick & West LLP</u>

## Exhibit 5.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of GoPro, Inc. of our report dated February 10, 2023 relating to the financial statements, financial statement schedule and the effectiveness of internal control over financial reporting of GoPro, Inc., which appears in this Registration Statement.

/s/ PricewaterhouseCoopers LLP

San Jose, California

February 10, 2023

<br>