Amazon.com (AMZN) Form 4 AMAZON COM / Adam Selipsky ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Selipsky Adam

(Last) (First) (Middle)

P.O. BOX 81226

(Street)

SEATTLE WA 98108-1226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMAZON COM INC [ AMZN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CEO Amazon Web Services

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Common Stock, par value $.01 per share	08/15/2023		M		25,640	A	$0	174,920	D
Common Stock, par value $.01 per share	08/15/2023		S(1)		5,919	D	$138.1558(2)	169,001	D
Common Stock, par value $.01 per share	08/15/2023		S(1)		2,000	D	$139.4045(3)	167,001	D
Common Stock, par value $.01 per share	08/15/2023		S(1)		61,895	D	$140.0371(4)	105,106	D
Common Stock, par value $.01 per share	08/15/2023		S(1)		242	D	$141.1111(5)	104,864	D
Common Stock, par value $.01 per share	08/16/2023		S(1)		500	D	$137	104,364	D
Common Stock, par value $.01 per share								340	I	In trust
Common Stock, par value $.01 per share								143.1	I	Amazon.com 401(k) plan account

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Restricted Stock Unit Award	$0(6)	08/15/2023		M			25,640	08/15/2021(7)	02/15/2026	Common Stock, par value $.01 per share	25,640	$0	193,360	D

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/05/2023.

2. Represents the weighted average sale price. The highest price at which shares were sold was $138.66 and the lowest price at which shares were sold was $137.75.

3. Represents the weighted average sale price. The highest price at which shares were sold was $139.75 and the lowest price at which shares were sold was $138.81.

4. Represents the weighted average sale price. The highest price at which shares were sold was $140.86 and the lowest price at which shares were sold was $139.91.

5. Represents the weighted average sale price. The highest price at which shares were sold was $141.15 and the lowest price at which shares were sold was $141.07.

6. Converts into Common Stock on a one-for-one basis.

7. This award vests based upon the following vesting schedule: 67,800 shares on August 15, 2021; 33,900 shares on November 15, 2021; 33,920 shares on February 15, 2022; 29,480 shares on each of May 15, 2022, August 15, 2022, and November 15, 2022; 29,500 shares on February 15, 2023; 25,620 shares on May 15, 2023; 25,640 shares on each of August 15, 2023, November 15, 2023, and February 15, 2024; 20,040 shares on each of May 15, 2024, August 15, 2024, and November 15, 2024; 20,060 shares on February 15, 2025; 15,460 shares on May 15, 2025; and 15,480 shares on each of August 15, 2025, November 15, 2025, and February 15, 2026.

Remarks:

The reporting person undertakes to provide, upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on this Form 4.

	/s/ by Mark F. Hoffman as attorney-in-fact for Adam Selipsky, CEO Amazon Web Services	08/17/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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