Form 4 for TTD Trade Desk (The)
Accepted 2023-03-29 00:00:00 ET · period of report 2023-03-27 · accession 0001209191-23-021567 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-29 | 2023-03-27 | TTD | Pickles David Randall | CTO, Dir | M - OptEx | $20.16 | +140.3K | 505.9K | +38% | +$2.83M |
| DM | 2023-03-29 | 2023-03-27 | TTD | Pickles David Randall | CTO, Dir | S - Sale+OE | $60.67 | -477.2K | 470.9K | -50% | -$28.95M |
| D | 2023-03-29 | 2023-03-27 | TTD | Pickles David Randall | CTO, Dir | C - Cnv Deriv | $0.00 | +336.9K | 807.9K | +72% | $0 |
| DM | 2023-03-29 | 2023-03-27 | TTD | Pickles David Randall | CTO, Dir | M - OptEx | $0.00 | -140.3K | 28.3K | -83% | $0 |
| D | 2023-03-29 | 2023-03-27 | TTD | Pickles David Randall | CTO, Dir | C - Cnv Deriv | $0.00 | -336.9K | 2.15M | -14% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-03-27 | M | A | 36,420 | $30.00 | 507,350 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-03-27 | S | D | 36,420 | $60.28 | 470,930 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.24 to $60.31, 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. |
| 3 | Common | Class A Common Stock | 2023-03-27 | C | A | 336,924 | $0.00 | 807,854 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-03-27 | S | D | 323,862 | $60.86 | 483,992 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.31 to $61.30, 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. |
| 5 | Common | Class A Common Stock | 2023-03-27 | M | A | 51,250 | $14.25 | 522,180 | D | — | — | |
| 6 | Common | Class A Common Stock | 2023-03-27 | S | D | 17,620 | $60.00 | 470,930 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.01, 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. |
| 7 | Common | Class A Common Stock | 2023-03-27 | M | A | 17,620 | $4.80 | 488,550 | D | — | — | |
| 8 | Common | Class A Common Stock | 2023-03-27 | S | D | 34,980 | $60.21 | 470,930 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.16 to $60.24, 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. |
| 9 | Common | Class A Common Stock | 2023-03-27 | M | A | 34,980 | $26.33 | 505,910 | D | — | — | |
| 10 | Common | Class A Common Stock | 2023-03-27 | S | D | 13,062 | $61.41 | 470,930 | D | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.31 to $61.62, 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. |
| 11 | Common | Class A Common Stock | 2023-03-27 | S | D | 51,250 | $60.07 | 470,930 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.01 to $60.16, 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. |
| 12 | Derivative | Employee Stock Option (Right to Buy) | 2023-03-27 | M | D | 17,620 | $0.00 | 0 | D | $4.80 · — to 2027-12-01 | 17,620 Class A Common Stock | (F8) 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 each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates. |
| 13 | Derivative | Employee Stock Option (Right to Buy) | 2023-03-27 | M | D | 51,250 | $0.00 | 0 | D | $14.25 · — to 2028-12-01 | 51,250 Class A Common Stock | (F9) The option was granted on December 1, 2018, the VCD. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates. |
| 14 | Derivative | Employee Stock Option (Right to Buy) | 2023-03-27 | M | D | 34,980 | $0.00 | 18,520 | D | $26.33 · — to 2029-12-01 | 34,980 Class A Common Stock | (F10) The option was granted on December 1, 2019, the VCD. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates. |
| 15 | Derivative | Employee Stock Option (Right to Buy) | 2023-03-27 | M | D | 36,420 | $0.00 | 28,330 | D | $30.00 · — to 2030-05-15 | 36,420 Class A Common Stock | (F11) The option was granted on May 15, 2020, the VCD. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates. |
| 16 | Derivative | Class B Common Stock | 2023-03-27 | C | D | 336,924 | $0.00 | 2,152,996 | D | $0.00 · — to — | 336,924 Class A Common Stock | (F12) 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. |