Byron B. Deeter - Dec 11, 2024 Form 3 Insider Report for ServiceTitan, Inc. (TTAN)

Role
Director, 10%+ Owner
Signature
/s/ Olive Huang, Attorney-in-Fact
Stock symbol
TTAN
Transactions as of
Dec 11, 2024
Transactions value $
$0
Form type
3
Date filed
12/11/2024, 04:47 PM
Previous filing
Jun 7, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TTAN Common Stock 81K Dec 11, 2024 See footnote F1, F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TTAN Series A-3 Preferred Stock Dec 11, 2024 Common Stock 8.14M See footnote F1, F3, F4, F5, F6
holding TTAN Series C Preferred Stock Dec 11, 2024 Common Stock 344K See footnote F1, F3, F4, F7, F8
holding TTAN Series D Preferred Stock Dec 11, 2024 Common Stock 190K See footnote F1, F3, F4, F9, F10
holding TTAN Series F Preferred Stock Dec 11, 2024 Common Stock 116K See footnote F1, F3, F4, F11, F12
holding TTAN Series G Preferred Stock Dec 11, 2024 Common Stock 130K See footnote F1, F3, F4, F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class A Common Stock.
F2 Consists of 79,999 shares of Common Stock held by 15 Angels II LLC ("15 Angels") and 1,000 shares of Common Stock held by Cloud All Star Fund, L.P. ("CASF").
F3 Certain affiliates of 15 Angels, Bessemer Venture Partners VIII Institutional LP ("Bessemer Institutional VIII"), Bessemer Venture Partners VIII, L.P. ("Bessemer VIII" and, together with Bessemer Institutional VIII and 15 Angels, the "Bessemer Entities") own a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF, which has voting and dispositive power with respect to the shares held by CASF. 15 Angels is a subsidiary of Bessemer VIII Institutional. Deer VIII & Co. L.P. ("Deer VIII L.P.") is the general partner of Bessemer VIII and Bessemer Institutional VIII. Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII L.P. The Reporting Person is a director of Deer VIII Ltd. and holds voting and dispositive power for the Bessemer Entities. Investment and voting decisions with respect to the securities held by the Bessemer Entities are made by the directors of Deer VIII Ltd. acting as an investment committee.
F4 (continued) The Reporting Person disclaims beneficial ownership of the shares held by the Bessemer Entities and CASF except to the extent of his pecuniary interest, if any, in such securities through any indirect interest in the Bessemer Entities and CASF.
F5 Each share of Series A-3 Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
F6 Consists of 4,441,825 shares of Series A-3 Preferred Stock held by Bessemer Institutional VIII and 3,693,385 shares of Series A-3 Preferred Stock held by Bessemer VIII.
F7 Each share of Series C Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
F8 Consists of 187,684 shares of Series C Preferred Stock held by Bessemer Institutional VIII and 156,060 shares of Series C Preferred Stock held by Bessemer VIII.
F9 Each share of Series D Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
F10 Consists of 103,822 shares of Series D Preferred Stock held by Bessemer Institutional VIII and 86,329 shares of Series D Preferred Stock held by Bessemer VIII.
F11 Each share of Series F Preferred Stock shall automatically convert into Common Stock on an approximately 1:1.02 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date. The shares of Series F Preferred Stock reported in Table II above are reported on an as-converted basis. The conversion rate is subject to adjustment as provided in the Issuer's Amended and Restated Certificate of Incorporation.
F12 Consists of 62,346 shares of Series F Preferred Stock held by Bessemer Institutional VIII, 51,840 shares of Series F Preferred Stock held by Bessemer VIII, and 1,426 shares of Series F Preferred Stock held by CASF.
F13 Each share of Series G Preferred Stock shall automatically convert into Common Stock on an approximately 1:1.03 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date. The shares of Series G Preferred Stock reported in Table II above are reported on an as-converted basis. The conversion rate is subject to adjustment as provided in the Issuer's Amended and Restated Certificate of Incorporation.
F14 Consists of 129,573 shares of Series G Preferred Stock held by 15 Angels.

Remarks:

Exhibit 24 - Power of Attorney