Greylock XIV GP LLC - Aug 1, 2025 Form 4 Insider Report for Figma, Inc. (FIG)

Role: 10%+ Owner
Signature: By: /s/ Donald A. Sullivan, as Administrative Partner of Greylock XIV GP LLC
Stock symbol: FIG
Transactions as of: Aug 1, 2025
Transactions value $: -$96,900,904
Form type: 4
Date filed: 8/5/2025, 07:29 PM
Previous filing: Jul 30, 2025
SEC: View on sec.gov

Reporting Owners (4)

Name	Relationship	Address	Signature	Signature date	CIK
Greylock XIV GP LLC	10%+ Owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK	By: /s/ Donald A. Sullivan, as Administrative Partner of Greylock XIV GP LLC	2025-08-05	0001660424
Greylock XIV Limited Partnership	10%+ Owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK	By: /s/ Donald A. Sullivan, as Administrative Partner of Greylock XIV GP LLC, the general partner of Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership and manager of Greylock XIV Principals LLC	2025-08-05	0001584740
Greylock XIV-A Limited Partnership	10%+ Owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK	By: /s/ Donald A. Sullivan, as Administrative Partner of Greylock XIV GP LLC	2025-08-05	0001584722
Greylock XIV Principals LLC	10%+ Owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK	By: /s/ Donald A. Sullivan, as Administrative Partner of Greylock XIV GP LLC	2025-08-05	0002022202

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FIG	Class A Common Stock	Conversion of derivative security		+3.04M	+7795.76%		3.07M	Aug 1, 2025	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Class A Common Stock	Conversion of derivative security		+54.6M	+7795.71%		55.3M	Aug 1, 2025	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Class A Common Stock	Conversion of derivative security		+3.04M	+7795.76%		3.07M	Aug 1, 2025	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Class A Common Stock	Sale	-$4.85M	-154K	-5%	$31.52	2.92M	Aug 1, 2025	By Greylock XIV-A Limited Partnership	F2
transaction	FIG	Class A Common Stock	Sale	-$87.2M	-2.77M	-5%	$31.52	52.6M	Aug 1, 2025	By Greylock XIV Limited Partnership
transaction	FIG	Class A Common Stock	Sale	-$4.85M	-154K	-5%	$31.52	2.92M	Aug 1, 2025	By Greylock XIV Principals LLC

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	FIG	Series Seed Preferred Stock	Conversion of derivative security	$0	-715	-100%	$0.00	Aug 1, 2025	Class A Common Stock	715	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series Seed Preferred Stock	Conversion of derivative security	$0	-12.9K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	12.9K	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series Seed Preferred Stock	Conversion of derivative security	$0	-715	-100%	$0.00	Aug 1, 2025	Class A Common Stock	715	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Series A Preferred Stock	Conversion of derivative security	$0	-2.06M	-100%	$0.00	Aug 1, 2025	Class A Common Stock	2.06M	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series A Preferred Stock	Conversion of derivative security	$0	-37.1M	-100%	$0.00	Aug 1, 2025	Class A Common Stock	37.1M	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series A Preferred Stock	Conversion of derivative security	$0	-2.06M	-100%	$0.00	Aug 1, 2025	Class A Common Stock	2.06M	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Series B Preferred Stock	Conversion of derivative security	$0	-633K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	633K	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series B Preferred Stock	Conversion of derivative security	$0	-11.4M	-100%	$0.00	Aug 1, 2025	Class A Common Stock	11.4M	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series B Preferred Stock	Conversion of derivative security	$0	-633K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	633K	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Series C Preferred Stock	Conversion of derivative security	$0	-282K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	282K	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series C Preferred Stock	Conversion of derivative security	$0	-5.08M	-100%	$0.00	Aug 1, 2025	Class A Common Stock	5.08M	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series C Preferred Stock	Conversion of derivative security	$0	-282K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	282K	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Series D Preferred Stock	Conversion of derivative security	$0	-20.6K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	20.6K	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series D Preferred Stock	Conversion of derivative security	$0	-370K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	370K	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series D Preferred Stock	Conversion of derivative security	$0	-20.6K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	20.6K	By Greylock XIV Principals LLC	F1, F2
transaction	FIG	Series E Preferred Stock	Conversion of derivative security	$0	-38K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	38K	By Greylock XIV-A Limited Partnership	F1, F2
transaction	FIG	Series E Preferred Stock	Conversion of derivative security	$0	-685K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	685K	By Greylock XIV Limited Partnership	F1, F2
transaction	FIG	Series E Preferred Stock	Conversion of derivative security	$0	-38K	-100%	$0.00	Aug 1, 2025	Class A Common Stock	38K	By Greylock XIV Principals LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Series Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.
F2	Greylock XIV GP LLC ("Greylock XIV GP") is the sole general partner of each of Greylock XIV Limited Partnership ("Greylock XIV") and Greylock XIV-A Limited Partnership ("Greylock XIV-A") and manager of Greylock XIV Principals LLC ("Greylock XIV Principals") and may be deemed to share voting and dispositive power with respect to the shares held directly by Greylock XIV, Greylock XIV-A and Greylock XIV Principals. Greylock XIV GP disclaims beneficial ownership of the securities held by Greylock XIV, Greylock XIV-A and Greylock XIV Principals, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XIV GP of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Content

The Series Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Class A Common Stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.

Greylock XIV GP LLC ("Greylock XIV GP") is the sole general partner of each of Greylock XIV Limited Partnership ("Greylock XIV") and Greylock XIV-A Limited Partnership ("Greylock XIV-A") and manager of Greylock XIV Principals LLC ("Greylock XIV Principals") and may be deemed to share voting and dispositive power with respect to the shares held directly by Greylock XIV, Greylock XIV-A and Greylock XIV Principals. Greylock XIV GP disclaims beneficial ownership of the securities held by Greylock XIV, Greylock XIV-A and Greylock XIV Principals, except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XIV GP of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.