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Rubrik, Inc. — Director's Dealing 2024
Apr 27, 2024
30369_dirs_2024-04-26_6d0e05b4-25d2-49f3-b363-69d458051094.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rubrik, Inc. (RBRK)
CIK: 0001943896
Period of Report: 2024-04-24
Reporting Person: Choudary Kiran Kumar (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-24 | Restricted Stock Units | $ | A | 50000 | Acquired | 2025-09-18 | Class B Common Stock (50000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 50000 | Acquired | 2027-05-08 | Class B Common Stock (50000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 3338 | Acquired | 2027-05-08 | Class B Common Stock (3338) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 700000 | Acquired | 2027-11-19 | Class B Common Stock (700000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 50000 | Acquired | 2027-11-19 | Class B Common Stock (50000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 115000 | Acquired | 2029-04-13 | Class B Common Stock (115000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 550000 | Acquired | 2030-03-24 | Class B Common Stock (550000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 275000 | Acquired | 2031-03-25 | Class B Common Stock (275000) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 24657 | Disposed | 2025-09-18 | Class B Common Stock (24657) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 24656 | Disposed | 2027-05-08 | Class B Common Stock (24656) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 1645 | Disposed | 2027-05-08 | Class B Common Stock (1645) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 302078 | Disposed | 2027-11-19 | Class B Common Stock (302078) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 24660 | Disposed | 2027-11-19 | Class B Common Stock (24660) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 28356 | Disposed | 2029-04-13 | Class B Common Stock (28356) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 36990 | Disposed | 2030-03-24 | Class B Common Stock (36990) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 25343 | Disposed | 2025-09-18 | Class B Common Stock (25343) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 25344 | Disposed | 2027-05-08 | Class B Common Stock (25344) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 1693 | Disposed | 2027-05-08 | Class B Common Stock (1693) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 310422 | Disposed | 2027-11-19 | Class B Common Stock (310422) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 25340 | Disposed | 2027-11-19 | Class B Common Stock (25340) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | F | 29144 | Disposed | 2029-04-13 | Class B Common Stock (29144) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | F | 38010 | Disposed | 2030-03-24 | Class B Common Stock (38010) | Direct |
| 2024-04-25 | Class B Common Stock | $ | M | 443042 | Acquired | Class A Common Stock (443042) | Direct |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Class B Common Stock.
F2: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/4 of the shares subject to the RSU vested on June 15, 2019, and 1/48 of the shares subject to the RSU vest every month thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F3: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on June 15, 2020, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F4: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/2 of the shares subject to the RSU vested on September 15, 2020, 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested on March 15, 2021, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F5: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on December 15, 2020, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F6: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F7: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on June 15, 2022, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F8: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 75,000 shares subject to the RSU vested on March 15, 2024, 125,000 shares subject to the RSU vest on March 15, 2025, 150,000 shares vest on March 15, 2026, and 200,000 shares vest on March 15, 2027, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F9: The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 10% of the shares subject to the RSU vest on March 15, 2025, 20% of the shares subject to the RSU vest on March 15, 2026, 35% of the shares subject to the RSU vest on March 15, 2027, and 35% of the shares subject to the RSU vest on March 15, 2028, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F10: Represents the number of shares withheld by the Issuer in connection with the net settlement of the applicable RSUs prior to the open of trading on April 25, 2024, which settlement date was determined by the Issuer's board of directors, to satisfy the tax obligation realized upon vesting of such RSUs.
F11: Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.