Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class A Common Stock | Conversion of derivative security | $0 | +3.94M | $0.00 | 3.94M | Mar 19, 2024 | Directly held by GC Venture VIII, LLC | F1, F2, F3, F4 | |
holding | IOT | Class A Common Stock | 593K | Mar 19, 2024 | Directly held by the Hemant Taneja and Jessica Schantz Taneja Revocable Trust, dated 4/19/12 | ||||||
holding | IOT | Class A Common Stock | 47.8K | Mar 19, 2024 | Directly held by the Taneja Heritage Trust | ||||||
holding | IOT | Class A Common Stock | 2M | Mar 19, 2024 | Directly held by General Catalyst Group XI - Endurance, L.P. | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class B Common Stock | Conversion of derivative security | $0 | -3.94M | -100% | $0.00* | 0 | Mar 19, 2024 | Class A Common Stock | 3.94M | $0.00 | Directly held by GC Venture VIII, LLC | F6 |
holding | IOT | Class B Common Stock | 11.2M | Mar 19, 2024 | Class A Common Stock | 11.2M | $0.00 | Directly held by General Catalyst Group VIII, L.P. | F6 | |||||
holding | IOT | Class B Common Stock | 8.59M | Mar 19, 2024 | Class A Common Stock | 8.59M | $0.00 | Directly held by GC Venture VIII-B, LLC | F6 | |||||
holding | IOT | Class B Common Stock | 4.52M | Mar 19, 2024 | Class A Common Stock | 4.52M | $0.00 | Directly held by General Catalyst Group X - Endurance, L.P. | F6 |
Id | Content |
---|---|
F1 | General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of General Catalyst Group Management Holdings, L.P. ("GCGMH"), which is the manager of General Catalyst Group Management, LLC ("GCGM LLC"), which is (a) the manager of GC Venture VIII Manager, LLC ("GCVVIII Manager"), which is the manager of GC Venture VIII, LLC ("GCVVIII"), (b) the manager of GC Venture VIII-B Manager, LLC, which is the manager of GC Venture VIII-B, LLC ("GCVVIIIB"), (c) the manager of General Catalyst GP VIII, LLC ("GCGPVIII"), which is the general partner of General Catalyst Partners VIII, L.P. ("GCPVIII"), which is the general partner of General Catalyst Group VIII, L.P. ("GCGVIII"), |
F2 | (Continued from Footnote 1) GCSE VIII, L.P. ("GCSE") and (d) the manager of General Catalyst GP X - Growth Venture, LLC, which is the general partner of General Catalyst Partners X - Growth Venture, L.P., which is the general partner of General Catalyst Group X - Endurance, L.P. ("GCGXE"). |
F3 | (Continued from Footnote 2) The Reporting Person is a managing member of GCGMH LLC and a director of the Issuer. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
F4 | Promptly following the conversion of Class B Common Stock to Class A Common Stock of the Issuer, GCVVIII, a venture capital partnership, plans to distribute in-kind on a pro-rata basis, without consideration, a total of 3,943,716 shares of Class A Common Stock of the Issuer to its general and limited partners. |
F5 | GCGMH LLC is the general partner of GCGMH, which is the manager of GCGM LLC, which is the manager of General Catalyst Endurance GP XI, LLC, which is the general partner of General Catalyst Partners XI - Endurance, L.P., which is the general partner of General Catalyst Group XI - Endurance, L.P. ("GCGXIE"). The Reporting Person is a managing member of GCGMH LLC. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
F6 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |