Timothy S. Cabral - 13 Dec 2024 Form 4 Insider Report for ServiceTitan, Inc. (TTAN)

Role
Director
Signature
/s/ Olive Huang, Attorney-in-Fact
Issuer symbol
TTAN
Transactions as of
13 Dec 2024
Net transactions value
$0
Form type
4
Filing time
17 Dec 2024, 18:49:07 UTC
Previous filing
11 Dec 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTAN Class A Common Stock Conversion of derivative security $0 +5,885 +85% $0.000000 12,842 13 Dec 2024 Direct F1, F2

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
transaction TTAN Series F Preferred Stock Conversion of derivative security -5,590 -100% 0 13 Dec 2024 Class A Common Stock 5,885 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2 Includes 2,957 restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable award. Each RSU represents a contingent right to receive one share of Common Stock.
F3 Each share of Series F Preferred Stock automatically converted into Common Stock on an approximately 1:1.05 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
F4 Reflects an adjustment to the conversion ratio in accordance with the terms of the preferred stock provided in the Issuer's Amended and Restated Certificate of Incorporation.