Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CART | Non-Voting Common Stock | Award | $0 | +14.3K | $0.00 | 14.3K | Sep 18, 2023 | Direct | F1, F2, F3, F4 | |
holding | CART | Common Stock | 1.93M | Sep 18, 2023 | See footnotes | F4, F5 | |||||
holding | CART | Non-Voting Common Stock | 101K | Sep 18, 2023 | See footnotes | F1, F4, F5 |
Id | Content |
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F1 | All outstanding shares of non-voting common stock and shares of non-voting common stock underlying outstanding equity securities will convert into an equivalent number of shares of the Issuer's common stock immediately prior to the closing of the Issuer's initial public offering. |
F2 | Consists of previously granted restricted stock units ("RSUs") received by Daniel Sundheim ("Mr.Sundheim") for which the liquidity event-based vesting condition 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. Certain of the RSUs remain subject to service-based vesting conditions. |
F3 | Mr. Sundheim may be deemed to hold the securities reported herein for the benefit of certain funds and accounts (collectively, the "Holders") to which D1 Capital Partners L.P. (the "Investment Manager") serves as the investment manager or investment consultant. |
F4 | The filing of this statement should not be construed as an admission that any Reporting Person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of the securities reported except to the extent of his or its pecuniary interest therein. |
F5 | The securities reported herein are held by the Holders. Mr. Sundheim may be deemed to beneficially own the reported securities by virtue of the fact that Mr. Sundheim indirectly controls the Investment Manager. |
The Investment Manager may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Mr. Sundheim currently serves on the board of directors of the Issuer.