Daniel S. Sundheim - May 29, 2024 Form 4 Insider Report for Maplebear Inc. (CART)

Signature
/s/ Daniel S. Sundheim
Stock symbol
CART
Transactions as of
May 29, 2024
Transactions value $
$0
Form type
4
Date filed
5/31/2024, 04:11 PM
Previous filing
Sep 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CART Common Stock Award $0 +6.84K +47.9% $0.00 21.1K May 29, 2024 Direct F1, F2, F3
holding CART Common Stock 37.8M May 29, 2024 See footnotes F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent restricted stock units received by Daniel Sundheim ("Mr. Sundheim"), which vest in full on the earlier of (i) the date of the Issuer's next annual meeting of stockholders (or the date immediately prior to such meeting if Mr. Sundheim's service as a director ends at such meeting due to Mr. Sundheim's failure to be re-elected or Mr. Sundheim not standing for re-election) or (ii) the one-year anniversary of the grant date, in each case subject to Mr. Sundheim's continued service through such date.
F2 Represents securities held by Mr. Sundheim. Mr. Sundheim may be deemed to hold the securities reported herein for the benefit of certain funds and accounts to which the Investment Manager serves as the investment manager or investment consultant.
F3 This statement is filed by D1 Capital Partners L.P. (the "Investment Manager") and Mr. Sundheim. The foregoing persons are hereinafter sometimes referred to as the "Reporting Persons." 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 its pecuniary interest therein, if any.
F4 The securities reported herein are held by D1 Iconoclast Holdings LP ("D1 Iconoclast"), D1 Master Holdco I LLC ("D1 Master Holdco"), GCM Grosvenor IC SPV, LLC ("GCM IC") and GCM Grosvenor IC SPV 2, LLC ("GCM IC 2"). The Investment Manager is a registered investment adviser and serves as the investment manager of private investment vehicles and accounts, including D1 Iconoclast and D1 Master Holdco, and as an investment consultant to certain private investment vehicles and accounts, including GCM IC and GCM IC 2 and may be deemed to beneficially own the securities held by D1 Iconoclast, D1 Master Holdco, GCM IC, and GCM IC 2. 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.