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Trade Desk, Inc. — Director's Dealing 2021
Jun 8, 2021
30193_dirs_2021-06-08_46535857-0bef-446b-9453-5ce834a68f0c.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: 2021-06-04
Reporting Person: VOBEJDA SUSAN (Chief Marketing Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-04 | Class A Common Stock | M | 5262 | $48.00 | Acquired | 29001 | Direct |
| 2021-06-04 | Class A Common Stock | S | 2215 | $575.66 | Disposed | 26786 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1655 | $576.64 | Disposed | 25131 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1333 | $577.26 | Disposed | 23798 | Direct |
| 2021-06-04 | Class A Common Stock | S | 59 | $578.50 | Disposed | 23739 | Direct |
| 2021-06-04 | Class A Common Stock | M | 4380 | $142.45 | Acquired | 28119 | Direct |
| 2021-06-04 | Class A Common Stock | S | 2856 | $576.16 | Disposed | 25263 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1316 | $577.19 | Disposed | 23947 | Direct |
| 2021-06-04 | Class A Common Stock | S | 208 | $578.49 | Disposed | 23739 | Direct |
| 2021-06-04 | Class A Common Stock | M | 2469 | $263.34 | Acquired | 26208 | Direct |
| 2021-06-04 | Class A Common Stock | S | 703 | $577.68 | Disposed | 25505 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1494 | $578.35 | Disposed | 24011 | Direct |
| 2021-06-04 | Class A Common Stock | S | 272 | $580.00 | Disposed | 23739 | Direct |
| 2021-06-04 | Class A Common Stock | M | 2428 | $300.01 | Acquired | 26167 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1228 | $580.23 | Disposed | 24939 | Direct |
| 2021-06-04 | Class A Common Stock | S | 1200 | $581.18 | Disposed | 23739 | Direct |
| 2021-06-04 | Class A Common Stock | F | 1476 | $574.75 | Disposed | 22263 | Direct |
| 2021-06-04 | Class A Common Stock | F | 2009 | $574.75 | Disposed | 20254 | Direct |
| 2021-06-04 | Class A Common Stock | F | 916 | $574.75 | Disposed | 19338 | Direct |
| 2021-06-04 | Class A Common Stock | F | 518 | $574.75 | Disposed | 18820 | Direct |
| 2021-06-04 | Class A Common Stock | F | 530 | $574.75 | Disposed | 18290 | Direct |
| 2021-06-04 | Class A Common Stock | D | 2329 | $0.00 | Disposed | 15961 | Direct |
| 2021-06-04 | Class A Common Stock | D | 2631 | $0.00 | Disposed | 13330 | Direct |
| 2021-06-04 | Class A Common Stock | D | 2692 | $0.00 | Disposed | 10638 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-04 | Employee Stock Option (Right to Buy) | $48.00 | M | 5262 | Disposed | 2027-12-01 | Class A Common Stock (5262) | Direct |
| 2021-06-04 | Employee Stock Option (Right to Buy) | $142.45 | M | 4380 | Disposed | 2028-12-01 | Class A Common Stock (4380) | Direct |
| 2021-06-04 | Employee Stock Option (Right to Buy) | $263.34 | M | 2469 | Disposed | 2029-12-01 | Class A Common Stock (2469) | Direct |
| 2021-06-04 | Employee Stock Option (Right to Buy) | $300.01 | M | 2428 | Disposed | 2030-05-15 | Class A Common Stock (2428) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $575.01 to $576.00, 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.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $576.01 to $577.00, 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $577.02 to $577.75, 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 $576.00 to $576.94, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $577.00 to $577.95, 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.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $578.49 to $578.50, 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.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $577.16 to $578.01, 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.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $578.05 to $578.55, 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.
F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $580.00 to $580.45, 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.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $581.00 to $581.50, 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.
F11: The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of restricted stock units granted on November 1, 2017.
F12: 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 1, 2017.
F13: 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 1, 2018.
F14: 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 1, 2019.
F15: 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 May 15, 2020.
F16: The reported shares were represented by restricted stock awards previously granted to the Reporting Person on December 1, 2018 that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited.
F17: The reported shares were represented by restricted stock awards previously granted to the Reporting Person on December 1, 2019 that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited.
F18: The reported shares were represented by restricted stock awards previously granted to the Reporting Person on May 15, 2020 that were subject to vesting. In connection with the Reporting Person's termination of employment with the Issuer, the unvested restricted stock awards were forfeited.
F19: 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 each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.
F20: 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.
F21: In connection with the Reporting Person's termination of employment with the Issuer, the remaining options were automatically cancelled for no consideration.
F22: The option was granted on December 1, 2019, 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.
F23: The option was granted on May 15, 2020, 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.