SC US (TTGP), LTD. - 18 Sep 2023 Form 3 Insider Report for Maplebear Inc. (CART)

Role
10%+ Owner
Signature
By: /s/ Jung Yeon Son, by power of attorney for Roelof Botha, a Director of SC US (TTGP), Ltd.
Issuer symbol
CART
Transactions as of
18 Sep 2023
Net transactions value
$0
Form type
3
Filing time
18 Sep 2023, 19:03:56 UTC
Previous filing
09 Aug 2023
Next filing
22 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CART Common Stock 1,839,918 18 Sep 2023 Sequoia Capital Global Growth Fund II, L.P. F2, F3, F4
holding CART Common Stock 28,350 18 Sep 2023 Sequoia Capital Global Growth II Principals Fund, L.P. F2, F3, F4
holding CART Common Stock 1,217,532 18 Sep 2023 SCGGF III - U.S./India Management, L.P. F2, F3, F4
holding CART Common Stock 455,317 18 Sep 2023 Sequoia Grove II, LLC F5

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 CART Series A Preferred Stock 18 Sep 2023 Common Stock 29,655 $0.000000 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F1, F2, F3, F4
holding CART Series A Preferred Stock 18 Sep 2023 Common Stock 25,372,460 $0.000000 Sequoia Capital USV XIV Holdco, Ltd. F1, F2, F3, F4
holding CART Series A Preferred Stock 18 Sep 2023 Common Stock 8,328,209 $0.000000 Sequoia Grove II, LLC F1, F5
holding CART Series A Preferred Stock 18 Sep 2023 Common Stock 117 $0.000000 Sequoia Grove UK, L.P. F1, F5
holding CART Series B Preferred Stock 18 Sep 2023 Common Stock 2,730,563 $0.000000 Sequoia Capital U.S. Growth Fund VI, L.P. F1, F2, F3, F4
holding CART Series B Preferred Stock 18 Sep 2023 Common Stock 195,343 $0.000000 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F1, F2, F3, F4
holding CART Series B Preferred Stock 18 Sep 2023 Common Stock 258,964 $0.000000 Sequoia Capital USV XIV Holdco, Ltd. F1, F2, F3, F4
holding CART Series B Preferred Stock 18 Sep 2023 Common Stock 1,254,314 $0.000000 Sequoia Grove II, LLC F1, F5
holding CART Series C Preferred Stock 18 Sep 2023 Common Stock 1,452,690 $0.000000 Sequoia Capital U.S. Growth Fund VI, L.P. F1, F2, F3, F4
holding CART Series C Preferred Stock 18 Sep 2023 Common Stock 103,925 $0.000000 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F1, F2, F3, F4
holding CART Series C Preferred Stock 18 Sep 2023 Common Stock 56,571 $0.000000 Sequoia Capital USV XIV Holdco, Ltd. F1, F2, F3, F4
holding CART Series C Preferred Stock 18 Sep 2023 Common Stock 640,679 $0.000000 Sequoia Grove II, LLC F1, F5
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 2,565,244 $0.000000 Sequoia Capital Global Growth Fund II, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 39,670 $0.000000 Sequoia Capital Global Growth II Principals Fund, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 560,953 $0.000000 Sequoia Capital U.S. Growth Fund VI, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 8,745 $0.000000 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 1,774,756 $0.000000 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 164,955 $0.000000 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 38,524 $0.000000 Sequoia Capital USV XIV Holdco, Ltd. F1, F2, F3, F4
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 1,637,777 $0.000000 Sequoia Grove II, LLC F1, F5
holding CART Series D Preferred Stock 18 Sep 2023 Common Stock 12,796 $0.000000 Sequoia Grove UK, L.P. F1, F5
holding CART Series I Preferred Stock 18 Sep 2023 Common Stock 321,719 $0.000000 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F1, F2, F3, F4
holding CART Series I Preferred Stock 18 Sep 2023 Common Stock 77,009 $0.000000 Sequoia Grove II, LLC F1, F5
holding CART Series I Preferred Stock 18 Sep 2023 Common Stock 1,272 $0.000000 Sequoia Grove UK, L.P. F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series I Preferred Stock are convertible into common stock on a 1:1 basis and have no expiration date. The Series B Preferred Stock is convertible into shares of common stock on a 1.024566722:1 basis and has no expiration date. Immediately prior to the closing of the Issuer's initial public offering, all shares of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series I Preferred Stock will automatically convert into shares of common stock of the Issuer.
F2 SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Venture XIV Management, L.P., which is the general partner of each of Sequoia Capital U.S. Venture Fund XIV, L.P., Sequoia Capital U.S. Venture Partners Fund XIV, L.P., and Sequoia Capital U.S. Venture Partners Fund XIV (Q), L.P., or collectively, the XIV Funds, which together own 100% of the outstanding ordinary shares of Sequoia Capital USV XIV Holdco, Ltd., or XIV Holdco; (ii) the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VI, L.P., and Sequoia Capital U.S. Growth VI Principals Fund, L.P., or collectively, the GF VI Funds; (iii) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P., and Sequoia Capital U.S. Growth VII Principals Fund, L.P., or collectively, the GF VII Funds;
F3 (Continue from Footnote 2) (iv) the general partner of SC Global Growth II Management, L.P., which is the general partner of each of Sequoia Capital Global Growth Fund II, L.P., and Sequoia Capital Global Growth II Principals Fund, L.P., or collectively, the GGF II Funds; (v) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P., or GGF III; and (vi) the general partner of SCGGF III - U.S./India Management, L.P., or GGF III US IND MGMT. As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by XIV Holdco, the GF VI Funds, the GF VII Funds, the GGF II Funds, GGF III, and GGF III US IND MGMT. The directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to the GGF II Funds, GGF III, and GGF III US IND MGMT are Douglas M. Leone and Roelof Botha.
F4 (Continue from Footnote 3) As a result, and by virtue of the relationships described in this paragraph, each such person may be deemed to share voting and dispositive power with respect to the shares held by the GGF II Funds, GGF III, and GGF III US IND MGMT. Each of the reporting persons disclaims beneficial ownership of the shares held by XIV Holdco, the GF VI Funds, the GF VII Funds, the GGF II Funds, GGF III, and GGF III US IND MGMT, as applicable, except to the extent of his or its 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 purposes.
F5 Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC and the general partner of Sequoia Grove UK, L.P. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC and Sequoia Grove UK, L.P. Each of Sequoia Grove Manager, LLC, Sequoia Grove II, LLC, and Sequoia Grove UK, L.P disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC and Sequoia Grove UK, L.P., as applicable, except to the extent of its 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.

Remarks:

Form 3 of 3