Form 4 for CART Maplebear Inc.
Accepted 2023-09-20 00:00:00 ET · period of report 2023-09-18 · accession 0001209191-23-050232 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-20 | 2023-09-18 | CART | Simo Fidji | Pres, CEO, Dir | A - Grant | $0.00 | +1.26M | 1.26M | New | $0 |
| D | 2023-09-20 | 2023-09-19 | CART | Simo Fidji | Pres, CEO, Dir | F - Tax | $30.00 | -321.2K | 939.2K | -25% | -$9.64M |
| D | 2023-09-20 | 2023-09-18 | CART | Simo Fidji | Pres, CEO, Dir | A - Grant | $0.00 | +1.20M | 1.20M | New | $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 | Non-Voting Common Stock | 2023-09-18 | A | A | 1,260,344 | $0.00 | 1,260,344 | D | — | — | (F1) All outstanding shares of non-voting common stock and shares of non-voting common stock underlying outstanding equity securities will convert into an equivalent number of shares of the Issuer's common stock immediately prior to the closing of the Issuer's initial public offering. (F2) Consists of previously granted restricted stock units ("RSUs") for which the liquidity event-based vesting condition was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering. Certain of the RSUs remain subject to service-based vesting conditions. |
| 2 | Common | Non-Voting Common Stock | 2023-09-19 | F | D | 321,181 | $30.00 | 939,163 | D | — | — | (F1) All outstanding shares of non-voting common stock and shares of non-voting common stock underlying outstanding equity securities will convert into an equivalent number of shares of the Issuer's common stock immediately prior to the closing of the Issuer's initial public offering. (F3) Represents the number of shares withheld by the Issuer in connection with the net settlement of the applicable RSUs prior to the open of trading on September 19, 2023, which settlement date was determined by the Issuer's board of directors, to satisfy the tax obligation realized upon vesting of such RSUs. |
| 3 | Derivative | Performance Stock Units | 2023-09-18 | A | A | 1,200,000 | $0.00 | 1,200,000 | D | — · — to 2027-12-07 | 1,200,000 Non-Voting Common Stock | (F5) Each performance right represents a contingent right to receive one share of the Issuer's common stock. The initial performance condition was met, and 300,000 shares vested, upon the effectiveness of the Issuer's initial public offering and the remaining rights will vest upon the achievement of specified market valuations. |