Andrew Reed - Aug 1, 2025 Form 4 Insider Report for Figma, Inc. (FIG)

Role
Director
Signature
/s/ Jung Yeon Son, by power of attorney for Andrew Reed
Stock symbol
FIG
Transactions as of
Aug 1, 2025
Transactions value $
-$51,889,661
Form type
4
Date filed
8/5/2025, 08:05 PM
Previous filing
Jul 30, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reed Andrew Phillips Director 2800 SAND HILL ROAD, SUITE 101, MENLO PARK /s/ Jung Yeon Son, by power of attorney for Andrew Reed 2025-08-05 0001990997

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 $0 +19.3M +470.83% $0.00 23.4M Aug 1, 2025 Sequoia Capital U.S. Growth Fund VIII, L.P. F2
transaction FIG Class A Common Stock Conversion of derivative security $0 +6.5M +624.79% $0.00 7.54M Aug 1, 2025 Sequoia Grove II, LLC F3
transaction FIG Class A Common Stock Conversion of derivative security $0 +133K +624.82% $0.00 154K Aug 1, 2025 Sequoia Grove UK, L.P. F3
transaction FIG Class A Common Stock Purchase $1.98M +60K $33.00 60K Aug 1, 2025 Sequoia Capital US/E Expansion Fund I, L.P. F2, F4
transaction FIG Class A Common Stock Sale -$40.6M -1.29M -5.49% $31.52 22.2M Aug 1, 2025 Sequoia Capital U.S. Growth Fund VIII, L.P. F2, F4
transaction FIG Class A Common Stock Sale -$13.1M -414K -5.49% $31.52 7.13M Aug 1, 2025 Sequoia Grove II, LLC F3, F4
transaction FIG Class A Common Stock Sale -$266K -8.44K -5.49% $31.52 145K Aug 1, 2025 Sequoia Grove UK, L.P. F3, F4
holding FIG Class A Common Stock 1.08M Aug 1, 2025 SC U.S. Growth IX Management, L.P. F2
holding FIG Class A Common Stock 1.97M Aug 1, 2025 SC US/E Growth X Management, L.P. F2

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 FIG Series Seed Preferred Stock Conversion of derivative security $0 -1.08M -100% $0.00 0 Aug 1, 2025 Class A Common Stock 1.08M Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
transaction FIG Series Seed Preferred Stock Conversion of derivative security $0 -381K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 381K Sequoia Grove II, LLC F1, F3
transaction FIG Series Seed Preferred Stock Conversion of derivative security $0 -7.77K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 7.77K Sequoia Grove UK, L.P. F1, F3
transaction FIG Series A Preferred Stock Conversion of derivative security $0 -520K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 520K Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
transaction FIG Series A Preferred Stock Conversion of derivative security $0 -187K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 187K Sequoia Grove II, LLC F1, F3
transaction FIG Series A Preferred Stock Conversion of derivative security $0 -3.81K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 3.81K Sequoia Grove UK, L.P. F1, F3
transaction FIG Series C Preferred Stock Conversion of derivative security $0 -16.1M -100% $0.00 0 Aug 1, 2025 Class A Common Stock 16.1M Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
transaction FIG Series C Preferred Stock Conversion of derivative security $0 -5.77M -100% $0.00 0 Aug 1, 2025 Class A Common Stock 5.77M Sequoia Grove II, LLC F1, F3
transaction FIG Series C Preferred Stock Conversion of derivative security $0 -118K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 118K Sequoia Grove UK, L.P. F1, F3
transaction FIG Series D Preferred Stock Conversion of derivative security $0 -471K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 471K Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
transaction FIG Series D Preferred Stock Conversion of derivative security $0 -170K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 170K Sequoia Grove II, LLC F1, F3
transaction FIG Series D Preferred Stock Conversion of derivative security $0 -3.46K -100% $0.00 0 Aug 1, 2025 Class A Common Stock 3.46K Sequoia Grove UK, L.P. F1, F3
transaction FIG Series E Preferred Stock Conversion of derivative security $0 -1.19M -100% $0.00 0 Aug 1, 2025 Class A Common Stock 1.19M Sequoia Capital U.S. Growth Fund VIII, L.P. 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 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 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth IX Management, L.P., (ii) the general partner of SC US/E Growth X Management, L.P., (iii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. and (iv) the general partner of SC US/E Expansion Fund I Management, L.P, which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. 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 purposes.
F3 The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. 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 purposes.
F4 The reported purchase and sale transactions represent sales by the specified funds as selling stockholders in the Issuer's initial public offering and a purchase by Sequoia Capital US/E Expansion Fund I, L.P. of shares of common stock from the underwriters in the issuer's initial public offering.