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Trade Desk, Inc. — Director's Dealing 2017
Dec 5, 2017
30193_dirs_2017-12-05_ceeb8be6-9eee-4c35-b9cd-4b904d78e74b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Trade Desk, Inc. (TTD)
CIK: 0001671933
Period of Report: 2017-12-01
Reporting Person: Ross Paul (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-01 | Class A Common Stock | A | 20417 | $0.00 | Acquired | 74313 | Direct |
| 2017-12-01 | Class A Common Stock | F | 2246 | $48.00 | Disposed | 72067 | Direct |
| 2017-12-04 | Class A Common Stock | C | 2778 | $0.00 | Acquired | 74845 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-01 | Employee Stock Option (Right to Buy) | $48.00 | A | 42012 | Acquired | 2027-12-01 | Class A Common Stock (42012) | Direct |
| 2017-12-04 | Employee Stock Option Exercise (Right to Buy) | $0.819 | M | 2778 | Disposed | 2025-01-19 | Class B Common Stock (2778) | Direct |
| 2017-12-04 | Class B Common Stock | $0.00 | M | 2778 | Acquired | Class A Common Stock (2778) | Direct | |
| 2017-12-04 | Class B Common Stock | $0.00 | C | 2778 | Disposed | Class A Common Stock (2778) | Direct |
Footnotes
F1: Represents restricted stock with a vesting commencement date ("VCD") of December 1, 2017, and which vests as to one-fourth of the granted shares on each anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.
F2: The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a Restricted Stock Award granted December 23, 2016.
F3: Each share of Class B Common Stock has no expiration date and is convertible for no additional consideration into one (1) share of Class A Common Stock at the option of the holder thereof at any time and upon certain other circumstances.
F4: The option was granted on December 1, 2017, the vesting commencement date ("VCD"). One forty-eighth (1/48th) of the shares subject to the option vest on the first monthly anniversary of the VCD, with one forty-eighth (1/48th ) of the shares subject to the original grant vesting on each monthly anniversary thereafter, subject to continued employment with the Issuer through the applicable vesting dates.
F5: The option was granted on January 20, 2015, with a vesting commencement date ("VCD") of November 3, 2014. One-fourth (1/4th) of the shares subject to the option vest on the first anniversary of the VCD, with one forty-eighth (1/48th) of the shares subject to the original grant vesting on each monthly anniversary thereafter, subject to continued employment with the Issuer through the applicable vesting dates.