Richard Scott Herren - 17 Dec 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Director
Signature
/s/ Larry Guo, Attorney-in-Fact
Issuer symbol
RBRK
Transactions as of
17 Dec 2024
Net transactions value
$0
Form type
4
Filing time
19 Dec 2024, 20:00:11 UTC
Previous filing
19 Nov 2024
Next filing
16 Jan 2025
SEC
View on sec.gov

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 RBRK Restricted Stock Units Options Exercise $0 -16,668 -100% $0.000000 0 17 Dec 2024 Class B Common Stock 16,668 Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -8,334 -100% $0.000000 0 17 Dec 2024 Class B Common Stock 8,334 Direct F1, F3
transaction RBRK Class B Common Stock Options Exercise $0 +25,002 +50% $0.000000 75,000 17 Dec 2024 Class A Common Stock 25,002 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Class B Common Stock.
F2 The RSUs shall vest as follows: 1/3 of the shares subject to the RSU vested on December 15, 2022, and 1/3 of the shares subject to the RSU vest every year thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's 2014 Amended and Restated Stock Option and Grant Plan).
F3 The RSUs shall vest as follows: 1/3 of the shares subject to the RSU vested on December 15, 2022, and 1/3 of the shares subject to the RSU vest every year thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person's continued service as Chair of the Audit Committee of the Issuer's board of directors.
F4 Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.