Form 4 for RBRK Rubrik, Inc.
Accepted 2024-09-30 00:00:00 ET · period of report 2024-09-26 · accession 0001415889-24-024118 · 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 | 2024-09-30 | 2024-09-26 | RBRK | Choudary Kiran Kumar | CFO | S - Sale | $31.41 | -51.9K | 493.4K | -10% | -$1.63M |
| D | 2024-09-30 | 2024-09-26 | RBRK | Choudary Kiran Kumar | CFO | C - Cnv Deriv | $0.00 | +101.9K | 545.3K | +23% | $0 |
| DM | 2024-09-30 | 2024-09-26 | RBRK | Choudary Kiran Kumar | CFO | M - OptEx | $0.00 | 0 | 101.9K | New | $0 |
| D | 2024-09-30 | 2024-09-26 | RBRK | Choudary Kiran Kumar | CFO | C - Cnv Deriv | — | -101.9K | 0 | -100% | — |
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 | 2024-09-26 | S | D | 51,924 | $31.41 | 493,360 | D | — | — | (F2) This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs). |
| 2 | Common | Class A Common Stock | 2024-09-26 | C | A | 101,875 | $0.00 | 545,284 | D | — | — | (F1) Includes 367 additional shares of Class A Common Stock acquired under the Rubrik, Inc. 2024 Employee Stock Purchase Plan on September 20, 2024. This transaction is exempt from Rule 16b-3(c). Also includes shares of Class A Common Stock that were converted from Class B Common Stock in connection with the Issuer's initial public offering but inadvertently reported as Class B Common Stock in prior reports. |
| 3 | Derivative | Restricted Stock Units | 2024-09-26 | M | D | 14,375 | $0.00 | 43,125 | D | — · — to 2029-04-13 | 14,375 Class B Common Stock | (F3) Each RSU represents a contingent right to receive one share of Class B Common Stock. (F5) The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on June 15, 2022, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which 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, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan). |
| 4 | Derivative | Restricted Stock Units | 2024-09-26 | M | D | 87,500 | $0.00 | 0 | D | — · — to 2027-11-19 | 87,500 Class B Common Stock | (F3) Each RSU represents a contingent right to receive one share of Class B Common Stock. (F4) The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on December 15, 2020, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which 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, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan). |
| 5 | Derivative | Class B Common Stock | 2024-09-26 | M | A | 101,875 | — | 101,875 | D | — · — to — | 101,875 Class A Common Stock | (F6) Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. |
| 6 | Derivative | Class B Common Stock | 2024-09-26 | C | D | 101,875 | — | 0 | D | — · — to — | 101,875 Class A Common Stock | (F6) Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. |