Sec Form 4 Filing - WALKER JOHN KENT @ Alphabet Inc. - 2024-02-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WALKER JOHN KENT
2. Issuer Name and Ticker or Trading Symbol
Alphabet Inc. [ GOOG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, Global Affairs, CLO
(Last) (First) (Middle)
C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY
3. Date of Earliest Transaction (MM/DD/YY)
02/07/2024
(Street)
MOUNTAIN VIEW, CA94043
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class C Capital Stock 02/07/2024 A( 1 ) 97,120 A $ 0 120,613 D
Class C Capital Stock 02/07/2024 F( 2 ) 49,043 D $ 145.41 71,570 D
Class C Capital Stock 60,801 I By Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees
Class C Google Stock Units ( 3 ) 112,836 D
Class C Google Stock Units ( 4 ) 41,200 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration D ate
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WALKER JOHN KENT
C/O ALPHABET INC.
1600 AMPHITHEATRE PKWY
MOUNTAIN VIEW, CA94043
President, Global Affairs, CLO
Signatures
/s/ Valentina Margulis, as Attorney-in-Fact for J. Kent Walker 02/09/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares were acquired upon the certification by the Leadership Development, Inclusion and Compensation Committee of Alphabet Inc. for the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on April 7, 2021 under the terms of Alphabet's Amended and Restated 2012 Stock Plan and applicable PSU award agreement. The award provided that if Alphabet's total shareholder return (relative to S&P 100 companies) ("TSR") performance meets or exceeds the 75th percentile for the three-year performance period ending December 31, 2023, it would result in a maximum PSU payout of 200% of target. Alphabet's total TSR for the three-year performance period was 60.19%, which ranked Alphabet's TSR at the 79.80th percentile relative to S&P 100 companies, resulting in a maximum payout of 200% or 97,120 shares.
( 2 )Shares withheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.
( 3 )The Class C Google Stock Units (GSUs) entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/6th of the GSU grant vested on June 25, 2023 and an additional 1/12th of the grant will vest quarterly thereafter until fully vested, in each case subject to continuing employment on the applicable vesting dates.
( 4 )1/12th of the GSU grant vested on March 25, 2022 and an additional 1/12th will vest quarterly thereafter until fully vested, in each case subject to continued employment on the applicable vesting dates.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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