Spenser Skates - Aug 30, 2021 Form 4 Insider Report for Amplitude, Inc. (AMPL)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Hoang Vuong, as Attorney-in-Fact for Spenser Skates
Stock symbol
AMPL
Transactions as of
Aug 30, 2021
Transactions value $
-$8,999,982
Form type
4
Date filed
9/23/2021, 09:30 PM
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPL Class A Common Stock Conversion of derivative security $0 +600K $0.00 600K Sep 21, 2021 Direct F1

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 AMPL Class B Common Stock Conversion of derivative security $0 -600K -8.52% $0.00 6.44M Sep 21, 2021 Class A Common Stock 600K Direct F1
transaction AMPL Stock Option (Right to Buy) Options Exercise $0 -310K -31.26% $0.00 682K Aug 30, 2021 Common Stock 310K $4.19 Direct F2, F3, F4
transaction AMPL Class B Common Stock Options Exercise $0 +310K +3.98% $0.00 8.09M Aug 30, 2021 Class A Common Stock 310K Direct F1, F2, F4
transaction AMPL Class B Common Stock Gift $0 -759K -9.39% $0.00 7.33M Sep 10, 2021 Class A Common Stock 759K Direct F1, F2
transaction AMPL Class B Common Stock Sale -$9M -290K -3.96% $31.00 7.04M Sep 10, 2021 Class A Common Stock 290K Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will convert automatically into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the death or incapacity of the holder, (c) the date that is six months following the date on which the holder is no longer an employee or director of the Issuer (unless such holder has rejoined the Issuer during such six-month period) or (d) the date that is six months following the date on which none of the Issuer's founders is an employee or director of the Issuer (unless a founder has rejoined the Issuer during such six-month period).
F2 Transaction is being reported herein pursuant to Rule 16a-2(a).
F3 The option is early exercisable. 1/48th of the shares subject to the option vest on each monthly anniversary measured from January 1, 2021 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.
F4 In connection with the reclassification of the Issuer's Common Stock on August 30, 2021, each share of Common Stock held by the Reporting Person was automatically reclassified as Class B Common Stock.
F5 The securities were sold in a private secondary sale transaction.