Michael Maurice Brown - Dec 11, 2024 Form 3 Insider Report for ServiceTitan, Inc. (TTAN)

Role
Director
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, 05:38 PM
Previous filing
Dec 12, 2023
Next filing
Dec 17, 2024

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 D Preferred Stock Dec 11, 2024 Common Stock 3.01K By Battery Investment Partners XI, LLC F1, F2, F3
holding TTAN Series D Preferred Stock Dec 11, 2024 Common Stock 67.4K By Battery Ventures XI-A Side Fund, L.P. F1, F2, F4
holding TTAN Series D Preferred Stock Dec 11, 2024 Common Stock 64.9K By Battery Ventures XI-A, L.P. F1, F2, F5
holding TTAN Series D Preferred Stock Dec 11, 2024 Common Stock 14.6K By Battery Ventures XI-B Side Fund, L.P. F1, F2, F6
holding TTAN Series D Preferred Stock Dec 11, 2024 Common Stock 17.1K By Battery Ventures XI-B, L.P. F1, F2, F7
holding TTAN Series E Preferred Stock Dec 11, 2024 Common Stock 2.66K By Battery Investment Partners XI, LLC F2, F3, F8
holding TTAN Series E Preferred Stock Dec 11, 2024 Common Stock 59.6K By Battery Ventures XI-A Side Fund, L.P. F2, F4, F8
holding TTAN Series E Preferred Stock Dec 11, 2024 Common Stock 57.4K By Battery Ventures XI-A, L.P. F2, F5, F8
holding TTAN Series E Preferred Stock Dec 11, 2024 Common Stock 12.9K By Battery Ventures XI-B Side Fund, L.P. F2, F6, F8
holding TTAN Series E Preferred Stock Dec 11, 2024 Common Stock 15.2K By Battery Ventures XI-B, L.P. F2, F7, F8
holding TTAN Series F Preferred Stock Dec 11, 2024 Common Stock 10.3K By Battery Investment Partners Select Fund I, L.P. F2, F9, F10
holding TTAN Series F Preferred Stock Dec 11, 2024 Common Stock 104K By Battery Ventures Select Fund I, L.P. F2, F9, F11
holding TTAN Series G Preferred Stock Dec 11, 2024 Common Stock 2.49K By Battery Investment Partners Select Fund I, L.P. F2, F10, F12
holding TTAN Series G Preferred Stock Dec 11, 2024 Common Stock 25.2K By Battery Ventures Select Fund I, L.P. F2, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 The reported securities are held directly by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F4 The reported securities are held directly by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BP XI SF. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F5 The reported securities are held directly by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F6 The reported securities are held directly by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). The sole general partner of BV XI-B SF is BP XI SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over the securities held by BP XI SF. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F7 The reported securities are held directly by Battery Ventures XI-B, L.P. ("BV XI-B"). The sole general partner of BV XI-B is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over the securities held by BP XI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F8 Each share of Series E 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.
F9 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.
F10 The reported securities are held directly by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I"). The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F11 The reported securities are held directly by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. whose sole general partner is BP Select I. The Reporting Person is a managing member of BP Select I and may be deemed to share voting and dispositive power over the securities held by BP Select I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F12 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.

Remarks:

Due to the limitations of the SEC's electronic filing system, this Form 3 is being split into two filings to account for the number of holdings lines. Exhibit 24 - Power of Attorney