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

Signature
/s/ Olive Huang, Attorney-in-Fact
Stock symbol
TTAN
Transactions as of
Dec 11, 2024
Transactions value $
$0
Form type
3
Date filed
12/11/2024, 04:50 PM
Next filing
Dec 17, 2024

Transactions Table

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) Dec 11, 2024 Common Stock 1.02M $12.72 Direct F1, F3
holding TTAN Stock Option (Right to Buy) Dec 11, 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