AI assistant
Rubrik, Inc. — Director's Dealing 2024
Apr 27, 2024
30369_dirs_2024-04-26_c053d126-19ea-4d68-9edb-0704aeacc8b2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rubrik, Inc. (RBRK)
CIK: 0001943896
Period of Report: 2024-04-24
Reporting Person: Herren Richard Scott (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-24 | Restricted Stock Units | $ | A | 50000 | Acquired | 2028-11-01 | Class B Common Stock (50000) | Direct |
| 2024-04-24 | Restricted Stock Units | $ | A | 25000 | Acquired | 2028-11-01 | Class B Common Stock (25000) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 33332 | Disposed | 2028-11-01 | Class B Common Stock (33332) | Direct |
| 2024-04-25 | Restricted Stock Units | $ | M | 16666 | Disposed | 2028-11-01 | Class B Common Stock (16666) | Direct |
| 2024-04-25 | Class B Common Stock | $ | M | 49998 | Acquired | Class A Common Stock (49998) | 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: 1/3 of the shares subject to the RSU vested on December 15, 2022, and 1/3 of the shares subject to the RSU vest every year 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 2014 Amended and Restated 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: 1/3 of the shares subject to the RSU vested on December 15, 2022, and 1/3 of the shares subject to the RSU vest every year 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's continued service as Chair of the Audit Committee of the Issuer's board of directors.
F4: 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.