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Trade Desk, Inc. — Director's Dealing 2020
Jan 6, 2020
30193_dirs_2020-01-06_4c07a982-7551-407c-87db-9281f5ae8ba6.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: 2020-01-02
Reporting Person: Yang Vivian (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-02 | Class A Common Stock | C | 1263 | $0.00 | Acquired | 29998 | Direct |
| 2020-01-02 | Class A Common Stock | S | 1263 | $263.52 | Disposed | 28735 | Direct |
| 2020-01-02 | Class A Common Stock | M | 902 | $30.15 | Acquired | 29637 | Direct |
| 2020-01-02 | Class A Common Stock | S | 902 | $263.52 | Disposed | 28735 | Direct |
| 2020-01-02 | Class A Common Stock | M | 875 | $48.00 | Acquired | 29610 | Direct |
| 2020-01-02 | Class A Common Stock | S | 875 | $263.52 | Disposed | 28735 | Direct |
| 2020-01-02 | Class A Common Stock | M | 365 | $142.45 | Acquired | 29100 | Direct |
| 2020-01-02 | Class A Common Stock | S | 365 | $263.52 | Disposed | 28735 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-02 | Employee Stock Option (Right to Buy) | $18.03 | M | 1263 | Disposed | 2026-08-14 | Class B Common Stock (1263) | Direct |
| 2020-01-02 | Class B Common Stock | $0.00 | M | 1263 | Acquired | Class A Common Stock (1263) | Direct | |
| 2020-01-02 | Class B Common Stock | $0.00 | C | 1263 | Disposed | Class A Common Stock (1263) | Direct | |
| 2020-01-02 | Employee Stock Option (Right to Buy) | $30.15 | M | 902 | Disposed | 2026-12-22 | Class A Common Stock (902) | Direct |
| 2020-01-02 | Employee Stock Option (Right to Buy) | $48.00 | M | 875 | Disposed | 2027-12-01 | Class A Common Stock (875) | Direct |
| 2020-01-02 | Employee Stock Option (Right to Buy) | $142.45 | M | 365 | Disposed | 2028-12-01 | Class A Common Stock (365) | Direct |
Footnotes
F1: 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.
F2: The option was granted on August 15, 2016, the Vesting Commencement Date ("VCD"). 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.
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 23, 2016. The VCD is December 1, 2016. One forty-eighth (1/48th) of the shares subject to the option vest each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.
F5: The option was granted on December 1, 2017, the VCD. One forty-eighth (1/48) of the shares subject to the option vest each monthly anniversary of the VCD , subject to continued employment with the Issuer through the applicable vesting dates.
F6: The option was granted on December 1, 2018, the VCD. One forty-eighth (1/48th) of the shares subject to the option vest each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.