Daniel S. Sundheim - Sep 18, 2023 Form 4 Insider Report for Maplebear Inc. (CART)

Signature
/s/ Daniel S. Sundheim
Stock symbol
CART
Transactions as of
Sep 18, 2023
Transactions value $
$0
Form type
4
Date filed
9/20/2023, 08:16 PM
Next filing
May 31, 2024

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.

Remarks:

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.