Form 4 for TTD Trade Desk (The)
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001671933-24-000024 · 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 | 2024-03-12 | 2024-03-08 | TTD | FALBERG KATHRYN E | Dir | C - Cnv Deriv | $1.80 | +103.0K | 345.6K | +42% | +$185.5K |
| DM | 2024-03-12 | 2024-03-08 | TTD | FALBERG KATHRYN E | Dir | S - Sale | $81.90 | -103.0K | 242.6K | -30% | -$8.44M |
| DM | 2024-03-12 | 2024-03-08 | TTD | FALBERG KATHRYN E | Dir | M - OptEx | $0.00 | 0 | 103.0K | New | $0 |
| D | 2024-03-12 | 2024-03-08 | TTD | FALBERG KATHRYN E | Dir | C - Cnv Deriv | $0.00 | -103.0K | 0 | -100% | $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 | 2024-03-08 | C | A | 103,030 | $1.80 | 345,639 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-03-08 | S | D | 102,935 | $81.90 | 242,704 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.36 to $82.34, 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 | 2024-03-08 | S | D | 95 | $82.36 | 242,609 | D | — | — | |
| 4 | Derivative | Employee Stock Option Exercise (Right to Buy) | 2024-03-08 | M | D | 103,030 | $0.00 | 0 | D | $1.80 · — to 2026-08-02 | 103,030 Class B Common Stock | (F3) This option was previously reported as covering 10,303 shares at an exercise price of $18.03 per share, but was adjusted to reflect a 10-for-1 stock split effective June 16, 2021. (F2) The option was granted on August 3, 2016 (the "Grant Date"). One-fourth (1/4th) of the shares subject to the option vest on the first anniversary of the Grant Date, with one forty-eighth (1/48th ) of the shares subject to the original grant vesting on each monthly anniversary thereafter, subject to continued service as a director of the Issuer through the applicable vesting dates. |
| 5 | Derivative | Class B Common Stock | 2024-03-08 | C | D | 103,030 | $0.00 | 0 | D | $0.00 · — to — | 103,030 Class A Common Stock | (F4) 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. |
| 6 | Derivative | Class B Common Stock | 2024-03-08 | M | A | 103,030 | $0.00 | 103,030 | D | $0.00 · — to — | 103,030 Class A Common Stock | (F4) 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. |