MICHAEL M. BROWN - 13 Dec 2024 Form 4 Insider Report for ServiceTitan, Inc. (TTAN)

Role
Director
Signature
/s/ Olive Huang, Attorney-in-Fact
Issuer symbol
TTAN
Transactions as of
13 Dec 2024
Net transactions value
$0
Form type
4
Filing time
17 Dec 2024, 19:00:17 UTC
Previous filing
11 Dec 2024
Next filing
23 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTAN Class A Common Stock Conversion of derivative security $0 +13,171 +183% $0.000000 20,371 13 Dec 2024 By Battery Investment Partners Select Fund I, L.P. F1, F2
transaction TTAN Class A Common Stock Conversion of derivative security $0 +75,148 +982% $0.000000 82,803 13 Dec 2024 By Battery Investment Partners XI, LLC F1, F3
transaction TTAN Class A Common Stock Conversion of derivative security $0 +133,199 +183% $0.000000 205,999 13 Dec 2024 By Battery Ventures Select Fund I, L.P. F1, F4
transaction TTAN Class A Common Stock Conversion of derivative security $0 +1,684,785 +981% $0.000000 1,856,557 13 Dec 2024 By Battery Ventures XI-A Side Fund, L.P. F1, F5
transaction TTAN Class A Common Stock Conversion of derivative security $0 +1,621,643 +981% $0.000000 1,786,980 13 Dec 2024 By Battery Ventures XI-A, L.P. F1, F6

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
transaction TTAN Series F Preferred Stock Conversion of derivative security -10,063 -100% 0 13 Dec 2024 Class A Common Stock 10,595 By Battery Investment Partners Select Fund I, L.P. F1, F2, F7, F8
transaction TTAN Series G Preferred Stock Conversion of derivative security -2,420 -100% 0 13 Dec 2024 Class A Common Stock 2,576 By Battery Investment Partners Select Fund I, L.P. F1, F2, F7, F8
transaction TTAN Series A-1 Preferred Stock Conversion of derivative security -12,814 -100% 0 13 Dec 2024 Class A Common Stock 12,814 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series A-2 Preferred Stock Conversion of derivative security -19,213 -100% 0 13 Dec 2024 Class A Common Stock 19,213 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series A-3 Preferred Stock Conversion of derivative security -7,700 -100% 0 13 Dec 2024 Class A Common Stock 7,700 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series C Preferred Stock Conversion of derivative security -29,755 -100% 0 13 Dec 2024 Class A Common Stock 29,755 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series D Preferred Stock Conversion of derivative security -3,008 -100% 0 13 Dec 2024 Class A Common Stock 3,008 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series E Preferred Stock Conversion of derivative security -2,658 -100% 0 13 Dec 2024 Class A Common Stock 2,658 By Battery Investment Partners XI, LLC F1, F3, F7
transaction TTAN Series F Preferred Stock Conversion of derivative security -101,748 -100% 0 13 Dec 2024 Class A Common Stock 107,134 By Battery Ventures Select Fund I, L.P. F1, F4, F7, F8
transaction TTAN Series G Preferred Stock Conversion of derivative security -24,478 -100% 0 13 Dec 2024 Class A Common Stock 26,065 By Battery Ventures Select Fund I, L.P. F1, F4, F7, F8
transaction TTAN Series A-1 Preferred Stock Conversion of derivative security -287,246 -100% 0 13 Dec 2024 Class A Common Stock 287,246 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series A-2 Preferred Stock Conversion of derivative security -430,663 -100% 0 13 Dec 2024 Class A Common Stock 430,663 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series A-3 Preferred Stock Conversion of derivative security -172,770 -100% 0 13 Dec 2024 Class A Common Stock 172,770 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series C Preferred Stock Conversion of derivative security -667,090 -100% 0 13 Dec 2024 Class A Common Stock 667,090 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series D Preferred Stock Conversion of derivative security -67,427 -100% 0 13 Dec 2024 Class A Common Stock 67,427 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series E Preferred Stock Conversion of derivative security -59,589 -100% 0 13 Dec 2024 Class A Common Stock 59,589 By Battery Ventures XI-A Side Fund, L.P. F1, F5, F7
transaction TTAN Series A-1 Preferred Stock Conversion of derivative security -276,480 -100% 0 13 Dec 2024 Class A Common Stock 276,480 By Battery Ventures XI-A, L.P. F1, F6, F7
transaction TTAN Series A-2 Preferred Stock Conversion of derivative security -414,523 -100% 0 13 Dec 2024 Class A Common Stock 414,523 By Battery Ventures XI-A, L.P. F1, F6, F7
transaction TTAN Series A-3 Preferred Stock Conversion of derivative security -166,296 -100% 0 13 Dec 2024 Class A Common Stock 166,296 By Battery Ventures XI-A, L.P. F1, F6, F7
transaction TTAN Series C Preferred Stock Conversion of derivative security -642,088 -100% 0 13 Dec 2024 Class A Common Stock 642,088 By Battery Ventures XI-A, L.P. F1, F6, F7
transaction TTAN Series D Preferred Stock Conversion of derivative security -64,900 -100% 0 13 Dec 2024 Class A Common Stock 64,900 By Battery Ventures XI-A, L.P. F1, F6, F7
transaction TTAN Series E Preferred Stock Conversion of derivative security -57,356 -100% 0 13 Dec 2024 Class A Common Stock 57,356 By Battery Ventures XI-A, L.P. F1, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2 The reported securities are held directly by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I"). The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F3 The reported securities are held directly by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F4 The reported securities are held directly by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. whose sole general partner is BP Select I. The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F5 The reported securities are held directly by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BP XI SF. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F6 The reported securities are held directly by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F7 Each share of Series A-1 Preferred Stock, Series A-2 Preferred Stock, Series A-3 Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series F Preferred Stock automatically converted into Common Stock on an approximately 1:1.05 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series G Preferred Stock automatically converted into Common Stock on an approximately 1:1.06 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
F8 Reflects an adjustment to the conversion ratio in accordance with the terms of the preferred stock provided in the Issuer's Amended and Restated Certificate of Incorporation.

Remarks:

Due to the limitations of the SEC's electronic filing system, this Form 4 is being split into two filings to account for the number of transaction lines.