Form 4 for CART Maplebear Inc.
Accepted 2024-02-16 00:00:00 ET · period of report 2024-02-15 · accession 0001415889-24-004204 · 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 | 2024-02-16 | 2024-02-15 | CART | Sharma Asha | COO | M - OptEx | — | +180.0K | 1.25M | +17% | — |
| DM | 2024-02-16 | 2024-02-15 | CART | Sharma Asha | COO | F - Tax | $27.33 | -144.0K | 1.18M | -11% | -$3.94M |
| D | 2024-02-16 | 2024-02-15 | CART | Sharma Asha | COO | M - OptEx | $0.00 | -180.0K | 540.0K | -25% | $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 | Common Stock | 2024-02-15 | M | A | 180,000 | — | 1,246,759 | D | — | — | (F3) Performance stock units convert to common stock on a one-for-one basis. (F2) Includes 5,708 fewer shares than the amount reported on the Form 4 filed on September 20, 2023 due to 5,708 additional shares withheld in connection with the settlement of the award reported on such Form 4. |
| 2 | Common | Common Stock | 2024-02-15 | F | D | 73,171 | $27.33 | 1,066,759 | D | — | — | (F1) Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported in Table 1. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. (F2) Includes 5,708 fewer shares than the amount reported on the Form 4 filed on September 20, 2023 due to 5,708 additional shares withheld in connection with the settlement of the award reported on such Form 4. |
| 3 | Common | Common Stock | 2024-02-15 | F | D | 70,830 | $27.33 | 1,175,929 | D | — | — | (F4) Represents shares withheld to satisfy tax withholding obligations upon the settlement of performance stock units. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. (F2) Includes 5,708 fewer shares than the amount reported on the Form 4 filed on September 20, 2023 due to 5,708 additional shares withheld in connection with the settlement of the award reported on such Form 4. |
| 4 | Derivative | Performance Stock Units | 2024-02-15 | M | D | 180,000 | $0.00 | 540,000 | D | — · — to 2027-12-07 | 180,000 Common Stock | (F3) Performance stock units convert to common stock on a one-for-one basis. (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 180,000 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. |