Ara Mahdessian - 11 Dec 2024 Form 3 Insider Report for ServiceTitan, Inc. (TTAN)

Role
Chief Executive Officer, Director
Signature
/s/ Olive Huang, Attorney-in-Fact
Issuer symbol
TTAN
Transactions as of
11 Dec 2024
Transactions value $
$0
Form type
3
Filing time
11 Dec 2024, 16:50:45 UTC
Next filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TTAN Common Stock 3.34M 11 Dec 2024 Direct F1, F2
holding TTAN Common Stock 4.92M 11 Dec 2024 By the AMKE Trust dated February 1, 2019 F1
holding TTAN Common Stock 614K 11 Dec 2024 By AM 2024 GRAT F1
holding TTAN Common Stock 614K 11 Dec 2024 By KE 2024 GRAT F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TTAN Stock Option (Right to Buy) 11 Dec 2024 Common Stock 1.02M $12.72 Direct F1, F3
holding TTAN Stock Option (Right to Buy) 11 Dec 2024 Common Stock 170K $12.72 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class A Common Stock. Each share of Class A common stock beneficially owned by the Reporting Person following the reclassification will immediately be exchanged for one share of Class B common stock of the Issuer for no additional consideration.
F2 Consists of restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable award. Each RSU represents a contingent right to receive one share of Common Stock.
F3 The shares underlying the option are fully vested and immediately exercisable.
F4 25% of the shares underlying the option will vest and become exercisable on the first anniversary of the Issuer's initial public offering, and 1/48th of the shares underlying the option will vest and become exercisable on each monthly anniversary of the initial vesting date thereafter.

Remarks:

Exhibit 24 - Power of Attorney