Dylan Field - Jul 30, 2025 Form 3 Insider Report for Figma, Inc. (FIG)

Signature
/s/ Brendan Mulligan, Attorney-in-Fact
Stock symbol
FIG
Transactions as of
Jul 30, 2025
Transactions value $
$0
Form type
3
Date filed
7/30/2025, 09:11 PM
Previous filing
Aug 1, 2025
Next filing
Aug 5, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Field Dylan President & CEO, Director, 10%+ Owner C/O FIGMA, INC., 760 MARKET STREET, FLOOR 10, SAN FRANCISCO /s/ Brendan Mulligan, Attorney-in-Fact 2025-07-30 0002073586

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
holding FIG Class B Common Stock Jul 30, 2025 Class A Common Stock 32.3M Direct F1
holding FIG Class B Common Stock Jul 30, 2025 Class A Common Stock 1.14M By Trust F1, F2
holding FIG Class B Common Stock Jul 30, 2025 Class A Common Stock 1.12M By Trust F1, F3
holding FIG Class B Common Stock Jul 30, 2025 Class A Common Stock 15.8M See footnote F1, F4
holding FIG Restricted Stock Units Jul 30, 2025 Class B Common Stock 7.88M Direct F5, F6
holding FIG Restricted Stock Units Jul 30, 2025 Class B Common Stock 11.3M Direct F6, F7
holding FIG Restricted Stock Units Jul 30, 2025 Class B Common Stock 14.5M Direct F6, F8, F9
holding FIG Restricted Stock Units Jul 30, 2025 Class B Common Stock 14.5M Direct F6, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
F2 These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee.
F3 These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.
F4 These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.
F5 The award was granted subject to a performance-based vesting condition that will be satisfied in connection with the Issuer's initial public offering ("IPO"), as well as a service-based vesting schedule. The original award, representing 11,250,000 restricted stock units ("RSUs"), vested as to 10% of the total award on July 1, 2022, 20% of the total award on July 1, 2023, 30% of the total award on July 1, 2024, and 40% of the total award on July 1, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date. In May 2024, the Board of Directors modified the award to remove the performance-based vesting condition with respect to 3,375,000 RSUs for which the service-based vesting condition had been met as of the modification date, resulting in the settlement of such RSUs into shares of Class B common stock.
F6 Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
F7 The award was granted subject to a performance-based vesting condition that will be satisfied in connection with the Issuer's IPO, as well as service-based and market-based vesting conditions, with the market-based vesting condition comprised of three tranches representing 1,875,000, 3,750,000 and 5,625,000 of the underlying shares of the Issuer's Class B Common Stock, respectively, that are eligible to vest based on the achievement of certain public market capitalization targets. The performance period for each tranche begins on the first trading day following the date of the Issuer's IPO and ends on the earliest to occur of (i) the date on which all shares subject to the award vest, (ii) the date the Reporting Person ceases to satisfy the service-based vesting condition, (iii) the seventh anniversary of the grant date, or (iv) the occurrence of an acquisition of the Issuer prior to the date of the Issuer's IPO.
F8 The award vests as to (i) 10% of the total award on the first anniversary of July 1, 2025, (ii) 20% of the total award on each of the second, third, and fourth anniversaries of July 1, 2025, and (iii) 30% of the total award on the fifth anniversary of July 1, 2025, so long as the Reporting Person is in continuous service through each applicable vesting date as the Issuer's Chief Executive Officer or in certain other eligible positions as reasonably determined by the Compensation Committee in its good faith discretion.
F9 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
F10 The award is subject to certain service-based and stock price-based vesting conditions, with the stock price-based vesting condition comprised of seven tranches that are eligible to vest based on the achievement of certain specified stock price targets. The performance period for each tranche begins on the Issuer's IPO and ends on the earlier of (i) the tenth anniversary of the Issuer's IPO or (ii) the occurrence of a change in control (as defined in the agreement governing the award). As to any portion of the award that satisfies the stock price-based vesting condition, the service-based vesting condition will be satisfied in seven substantially equal installments on each of the first seven anniversaries of July 1, 2025, so long as the Reporting Person is in continuous service through each applicable vesting date as the Issuer's Chief Executive Officer or in certain other eligible positions as reasonably determined by the Compensation Committee in its good faith discretion.