Brian K. McCarthy - Jan 7, 2025 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Signature
/s/ Anne-Kathrin Lalendran, Attorney-in-Fact
Stock symbol
RBRK
Transactions as of
Jan 7, 2025
Transactions value $
-$4,327,850
Form type
4
Date filed
1/8/2025, 08:14 PM
Previous filing
Jan 3, 2025
Next filing
Feb 5, 2025

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
transaction RBRK Restricted Stock Units Options Exercise $0 -150K -100% $0.00 0 Jan 7, 2025 Class B Common Stock 150K Direct F2, F3
transaction RBRK Class B Common Stock Options Exercise +150K 150K Jan 7, 2025 Class A Common Stock 150K Direct F4
transaction RBRK Class B Common Stock Conversion of derivative security -150K -100% 0 Jan 7, 2025 Class A Common Stock 150K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).
F2 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F3 The RSUs shall vest as follows: all of the shares subject to the RSU will vest upon the Issuer's achievement of a specified average price per share prior to the expiration of the RSU award, subject to the Reporting Person subject to the Reporting Person continuing to have a Service Relationship (as defined in the Amended and Restated Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
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.