Lightspeed SPV I, LLC - Mar 25, 2025 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
10%+ Owner
Signature
Lightspeed SPV I, LLC, By: LS SPV Management, LLC, its Manager, By /s/ Ravi Mhatre, Managing Member
Stock symbol
RBRK
Transactions as of
Mar 25, 2025
Transactions value $
$0
Form type
4
Date filed
3/27/2025, 09:00 PM
Previous filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBRK Class A Common Stock Conversion of derivative security $0 +3.33M $0.00 3.33M Mar 25, 2025 Direct F1
transaction RBRK Class A Common Stock Conversion of derivative security $0 +774K $0.00 774K Mar 25, 2025 By Lightspeed Venture Partners Select II, L.P. F2
transaction RBRK Class A Common Stock Conversion of derivative security $0 +1.5M $0.00 1.5M Mar 25, 2025 By Lightspeed SPV I, LLC F3
transaction RBRK Class A Common Stock Conversion of derivative security $0 +1.08M $0.00 1.08M Mar 25, 2025 By Lightspeed SPV I-B, LLC F4
transaction RBRK Class A Common Stock Conversion of derivative security $0 +758K $0.00 758K Mar 25, 2025 By Lightspeed SPV I-C, LLC F5
transaction RBRK Class A Common Stock Conversion of derivative security $0 +305K $0.00 305K Mar 25, 2025 By Lightspeed Venture Partners X, L.P. F6
transaction RBRK Class A Common Stock Conversion of derivative security $0 +18.1K $0.00 18.1K Mar 25, 2025 By Lightspeed Affiliates X, L.P. F7
transaction RBRK Class A Common Stock Other $0 -3.33M -100% $0.00 0 Mar 25, 2025 Direct F1, F8
transaction RBRK Class A Common Stock Other $0 +870K $0.00 870K Mar 25, 2025 By Lightspeed General Partner IX, L.P. F9, F10
transaction RBRK Class A Common Stock Other $0 -870K -100% $0.00 0 Mar 25, 2025 By Lightspeed General Partner IX, L.P. F10, F11
transaction RBRK Class A Common Stock Other $0 -774K -100% $0.00 0 Mar 25, 2025 By Lightspeed Venture Partners Select II, L.P. F2, F12
transaction RBRK Class A Common Stock Other $0 +145K $0.00 145K Mar 25, 2025 By Lightspeed General Partner Select II, L.P. F13, F14
transaction RBRK Class A Common Stock Other $0 -145K -100% $0.00 0 Mar 25, 2025 By Lightspeed General Partner Select II, L.P. F14, F15
transaction RBRK Class A Common Stock Other $0 -1.5M -100% $0.00 0 Mar 25, 2025 By Lightspeed SPV I, LLC F3, F16
transaction RBRK Class A Common Stock Other $0 -1.08M -100% $0.00 0 Mar 25, 2025 By Lightspeed SPV I-B, LLC F4, F17
transaction RBRK Class A Common Stock Other $0 -758K -100% $0.00 0 Mar 25, 2025 By Lightspeed SPV I-C, LLC F5, F18
transaction RBRK Class A Common Stock Other $0 +224K $0.00 224K Mar 25, 2025 By LS SPV Management, LLC F19, F20
transaction RBRK Class A Common Stock Other $0 -224K -100% $0.00 0 Mar 25, 2025 By LS SPV Management, LLC F20, F21
transaction RBRK Class A Common Stock Other $0 -305K -100% $0.00 0 Mar 25, 2025 By Lightspeed Venture Partners X, L.P. F6, F22
transaction RBRK Class A Common Stock Other $0 +64.8K $0.00 64.8K Mar 25, 2025 By Lightspeed General Partner X, L.P. F23, F24
transaction RBRK Class A Common Stock Other $0 -64.8K -100% $0.00 0 Mar 25, 2025 By Lightspeed General Partner X, L.P. F24, F25
transaction RBRK Class A Common Stock Other $0 -18.1K -100% $0.00 0 Mar 25, 2025 By Lightspeed Affiliates X, L.P. F7, F26
transaction RBRK Class A Common Stock Other $0 +13.2K $0.00 13.2K Mar 25, 2025 By Lightspeed Management Company, L.L.C. F27, F28, F29, F30
transaction RBRK Class A Common Stock Other $0 +21.2K $0.00 21.2K Mar 25, 2025 Direct F31, F32
transaction RBRK Class A Common Stock Other $0 +133K +233.61% $0.00 189K Mar 25, 2025 By Eggers Investments LP - Fund 2 F27, F28, F29, F33, F34
transaction RBRK Class A Common Stock Other $0 +21.2K $0.00 21.2K Mar 25, 2025 Direct F31, F35
transaction RBRK Class A Common Stock Other $0 +649 $0.00 649 Mar 25, 2025 By Nieh Family Investments LP - Fund 1 F33, F36
transaction RBRK Class A Common Stock Other $0 +110K +78.62% $0.00 250K Mar 25, 2025 By Nieh Family Investments LP - Fund 2 F27, F37
transaction RBRK Class A Common Stock Other $0 +8.39K $0.00 8.39K Mar 25, 2025 By Nieh Family Investments LP - Fund 3 F29, F38
transaction RBRK Class A Common Stock Other $0 +13.4K +80.32% $0.00 30.1K Mar 25, 2025 By Nieh Family Investments LP - Fund 4 F28, F39

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 Class B Common Stock Conversion of derivative security $0 -3.33M -25% $0.00 9.99M Mar 25, 2025 Class A Common Stock 3.33M Direct F1, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -774K -25.02% $0.00 2.32M Mar 25, 2025 Class A Common Stock 774K By Lightspeed Venture Partners Select II, L.P. F2, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -1.5M -25% $0.00 4.51M Mar 25, 2025 Class A Common Stock 1.5M By Lightspeed SPV I, LLC F3, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -1.08M -25.01% $0.00 3.25M Mar 25, 2025 Class A Common Stock 1.08M By Lightspeed SPV I-B, LLC F4, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -758K -25.01% $0.00 2.27M Mar 25, 2025 Class A Common Stock 758K By Lightspeed SPV I-C, LLC F5, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -305K -75% $0.00 102K Mar 25, 2025 Class A Common Stock 305K By Lightspeed Venture Partners X, L.P. F6, F40
transaction RBRK Class B Common Stock Conversion of derivative security $0 -18.1K -100% $0.00 0 Mar 25, 2025 Class A Common Stock 18.1K By Lightspeed Affiliates X, L.P F7, F40
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by Lightspeed Venture Partners IX, L.P. ("Lightspeed IX"). Lightspeed General Partner IX, L.P. ("LGP IX") is the general partner of Lightspeed IX. Lightspeed Ultimate General Partner IX, Ltd. ("LUGP IX") is the general partner of LGP IX. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP IX and share voting and dispositive power with respect to the shares held by Lightspeed IX. Each of LGP IX, LUGP IX and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F2 Shares are held by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II"). Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP Select II and share voting and dispositive power with respect to the shares held by Lightspeed Select II. Each of LGP Select II, LUGP Select II and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F3 Shares are held by Lightspeed SPV I, LLC ("Lightspeed SPV I"). LS SPV Management, LLC ("LS SPV") is the manager of Lightspeed SPV I. Barry Eggers, Ravi Mhatre and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F4 Shares are held by Lightspeed SPV I-B, LLC ("Lightspeed SPV I-B"). LS SPV is the manager of Lightspeed SPV I-B. Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I-B. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F5 Shares are held by Lightspeed SPV I-C, LLC ("Lightspeed SPV I-C"). LS SPV is the manager of Lightspeed SPV I-C. Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I-C. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F6 Shares are held by Lightspeed Venture Partners X, L.P. ("Lightspeed X"). Lightspeed General Partner X, L.P. ("LGP X") is the general partner of Lightspeed X. Lightspeed Ultimate General Partner X, Ltd. ("LUGP X") is the general partner of LGP X. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP X and share voting and dispositive power with respect to the shares held by Lightspeed X. Each of LGP X, LUGP X and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F7 Shares are held by Lightspeed Affiliates X, L.P. ("Lightspeed Affiliates X"). LGP X, is the general partner of Lightspeed Affiliates X. LUGP X is the general partner of LGP X. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP X and share voting and dispositive power with respect to the shares held by Lightspeed Affiliates X. Each of LGP X, LUGP X and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F8 Represents an in-kind distribution by Lightspeed IX without consideration to its partners (including LGP IX).
F9 Represents receipt of shares in the distribution in kind described in footnote (8).
F10 Shares are held by LGP IX. LUGP IX is the general partner of LGP IX. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP IX and share voting and dispositive power with respect to the shares held by LGP IX. Each of LUGP IX and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F11 Represents an in-kind distribution by LGP IX without consideration to its partners.
F12 Represents an in-kind distribution by Lightspeed Select II without consideration to its partners (including LGP Select II).
F13 Represents receipt of shares in the distribution in kind described in footnote (12).
F14 Shares are held by LGP Select II. LUGP Select II is the general partner of LGP Select II. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP Select II and share voting and dispositive power with respect to the shares held by LGP Select II. Each of LUGP Select II and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F15 Represents an in-kind distribution by LGP Select II without consideration to its partners.
F16 Represents an in-kind distribution by Lightspeed SPV I without consideration to its members.
F17 Represents an in-kind distribution by Lightspeed SPV I-B without consideration to its members.
F18 Represents an in-kind distribution by Lightspeed SPV I-C without consideration to its members.
F19 Represents receipt of shares in the distribution in kind described in footnote (16).
F20 Shares are held by LS SPV. Barry Eggers, Ravi Mhatre and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by LS SPV. Each of Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F21 Represents an in-kind distribution by LS SPV without consideration to its members.
F22 Represents an in-kind distribution by Lightspeed X without consideration to its partners (including LGP X).
F23 Represents receipt of shares in the distribution in kind described in footnote (22).
F24 Shares are held by LGP X. LUGP X is the general partner of LGP X. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP X and share voting and dispositive power with respect to the shares held by LGP X. Each of LUGP X and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F25 Represents an in-kind distribution by LGP X without consideration to its partners.
F26 Represents an in-kind distribution by Lightspeed Affiliates X without consideration to its partners.
F27 Represents receipt of shares in the distribution in kind described in footnote (11).
F28 Represents receipt of shares in the distribution in kind described in footnote (15).
F29 Represents receipt of shares in the distribution in kind described in footnote (25).
F30 Shares are held by Lightspeed Management Company, L.L.C. ("LMC"). Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LMC and share voting and dispositive power with respect to the shares held by LMC. Each of Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.
F31 Represents receipt of shares in the distribution in kind described in footnote (21).
F32 Shares are held by Barry Eggers.
F33 Represents receipt of shares in the distribution in kind described in footnote (26).
F34 Barry Eggers serves as trustee of the general partner of Eggers Investments LP - Fund 2.
F35 Shares are held by Peter Nieh.
F36 Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 1.
F37 Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 2.
F38 Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 3.
F39 Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 4.
F40 Each share of Class B Common Stock 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 is also convertible at any time at the option of the holder into one share of Class A Common Stock.

Remarks:

This Form 4 is the second of two Forms 4 filed relating to the same events. Combined, the two Form 4s report the holdings for the following Reporting Persons: Lightspeed Venture Partners IX, L.P., Lightspeed General Partner IX, L.P., Lightspeed Ultimate General Partner IX, Ltd., Lightspeed SPV I, LLC, Lightspeed SPV I-B, LLC, Lightspeed SPV I-C, LLC, LS SPV Management, LLC, Lightspeed Venture Partners Select II, L.P., Lightspeed General Partner Select II, L.P., Lightspeed Ultimate General Partner Select II, Ltd., Lightspeed Venture Partners X, L.P., Lightspeed Affiliates X, L.P., Lightspeed General Partner X, L.P., Lightspeed Ultimate General Partner X, Ltd., Barry Eggers and Peter Nieh. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.