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Trade Desk, Inc. — Director's Dealing 2017
Mar 23, 2017
30193_dirs_2017-03-23_0e560b39-7231-489f-a22d-e63d591bdd3d.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: 2017-03-21
Reporting Person: Ross Paul (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-21 | Class A Common Stock | C | 10000 | $0.00 | Acquired | 50288 | Direct |
| 2017-03-21 | Class A Common Stock | S | 4801 | $37.3848 | Disposed | 45487 | Direct |
| 2017-03-21 | Class A Common Stock | S | 5199 | $38.0277 | Disposed | 40288 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-21 | Employee Stock Option (Right to Buy) | $0.819 | M | 10000 | Disposed | 2025-01-19 | Class B Common Stock (10000) | Direct |
| 2017-03-21 | Class B Common Stock | $0.00 | M | 10000 | Acquired | Class A Common Stock (10000) | Direct | |
| 2017-03-21 | Class B Common Stock | $0.00 | C | 10000 | Disposed | Class A Common Stock (10000) | Direct |
Footnotes
F1: 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.
F2: The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.7700 to $37.7699, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.7700 to $38.7699, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5: The vesting reported on the Form 3 filed on September 20, 2016 for this grant was in error. The option was granted on January 20, 2015. The vesting commencement date ("VCD") is November 3, 2014. 25% of the shares subject to the option vest on the first annual anniversary of the VCD, with one-forty eighth (1/48th) of the shares of the original option amount vesting on each monthly anniversary thereafter, subject to continued employment with the Issuer through the applicable vesting dates.