Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class A Common Stock | Other | $0 | -3M | -99.93% | $0.00 | 1.98K | Sep 17, 2024 | Direct | F1, F2, F3, F4 |
transaction | IOT | Class A Common Stock | Sale | -$91.9K | -1.98K | -100% | $46.44 | 0 | Sep 17, 2024 | Direct | F2, F3, F4, F5 |
transaction | IOT | Class A Common Stock | Other | $0 | +186K | $0.00 | 186K | Sep 17, 2024 | Directly held by GC Venture VIII-B Manager, LLC | F2, F3, F4, F6 | |
transaction | IOT | Class A Common Stock | Other | $0 | -186K | -100% | $0.00 | 0 | Sep 17, 2024 | Directly held by GC Venture VIII-B Manager, LLC | F2, F3, F4, F7 |
transaction | IOT | Class A Common Stock | Other | $0 | +21.3K | $0.00 | 21.3K | Sep 18, 2024 | Directly held by GCGM Investment Holdings, LP | F2, F3, F4, F8 | |
transaction | IOT | Class A Common Stock | Sale | -$1.02M | -21.3K | -100% | $47.80 | 0 | Sep 18, 2024 | Directly held by GCGM Investment Holdings, LP | F2, F3, F4, F9 |
holding | IOT | Class A Common Stock | 2M | Sep 17, 2024 | Directly held by General Catalyst Group XI - Endurance, L.P. | F10 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | IOT | Class B Common Stock | 11.2M | Sep 17, 2024 | Class A Common Stock | 11.2M | $0.00 | Directly held by General Catalyst Group VIII, L.P. | F11 | |||||
holding | IOT | Class B Common Stock | 5.59M | Sep 17, 2024 | Class A Common Stock | 5.59M | $0.00 | Direct | F2, F3, F4, F11 | |||||
holding | IOT | Class B Common Stock | 4.52M | Sep 17, 2024 | Class A Common Stock | 4.52M | $0.00 | Directly held by General Catalyst Group X - Endurance, L.P. | F11 |
GC Venture VIII-B, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Effective September 17, 2024, GC Venture VIII-B, LLC ("GCVVIIIB"), a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 2,998,022 shares of Class A Common Stock of the Issuer to its general and limited partners. |
F2 | General Catalyst Group Management Holdings GP, LLC ("GCGMH LLC") is the general partner of GCGM Investment Holdings, LP ("GCGM IH") and 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-B Manager, LLC, which is the manager of GCVVIIIB, and (b) 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"), |
F3 | (Continued from Footnote 2) 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"). |
F4 | (Continued from Footnote 3) Each party named above disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. |
F5 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.4392 to $47.4391, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4. |
F6 | Represents shares previously reported as held through GCVVIIIB. |
F7 | Effective September 17, 2024, GCVVIIIB Manager, a venture capital partnership, distributed in-kind on a pro-rata basis, without consideration, a total of 185,926 shares of Class A Common Stock of the Issuer to its general and limited partners. |
F8 | Represents shares previously reported as held through GCVVIIIB Manager. |
F9 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.63 to $48.63, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4. |
F10 | 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. Each party named above disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
F11 | 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. |