Andrew Phillips Reed - 30 Jul 2025 Form 3 Insider Report for Figma, Inc. (FIG)

Role
Director
Signature
/s/ Jung Yeon Son, Attorney-in-fact for Andrew Reed
Issuer symbol
FIG
Transactions as of
30 Jul 2025
Net transactions value
$0
Form type
3
Filing time
30 Jul 2025, 20:47:07 UTC
Next filing
05 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reed Andrew Phillips Director 2800 SAND HILL ROAD, SUITE 101, MENLO PARK /s/ Jung Yeon Son, Attorney-in-fact for Andrew Reed 30 Jul 2025 0001990997

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FIG Class A Common Stock 1,077,911 30 Jul 2025 SC U.S. Growth IX Management, L.P. F2
holding FIG Class A Common Stock 1,971,015 30 Jul 2025 SC US/E Growth X Management, L.P. F2
holding FIG Class A Common Stock 4,106,123 30 Jul 2025 Sequoia Capital U.S. Growth Fund VIII, L.P. F2
holding FIG Class A Common Stock 1,040,970 30 Jul 2025 Sequoia Grove II, LLC F3
holding FIG Class A Common Stock 21,215 30 Jul 2025 Sequoia Grove UK, L.P. F3

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 FIG Series Seed Preferred Stock 30 Jul 2025 Class A Common Stock 1,079,864 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
holding FIG Series Seed Preferred Stock 30 Jul 2025 Class A Common Stock 381,255 Sequoia Grove II, LLC F1, F3
holding FIG Series Seed Preferred Stock 30 Jul 2025 Class A Common Stock 7,770 Sequoia Grove UK, L.P. F1, F3
holding FIG Series A Preferred Stock 30 Jul 2025 Class A Common Stock 519,908 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
holding FIG Series A Preferred Stock 30 Jul 2025 Class A Common Stock 186,705 Sequoia Grove II, LLC F1, F3
holding FIG Series A Preferred Stock 30 Jul 2025 Class A Common Stock 3,805 Sequoia Grove UK, L.P. F1, F3
holding FIG Series C Preferred Stock 30 Jul 2025 Class A Common Stock 16,072,225 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
holding FIG Series C Preferred Stock 30 Jul 2025 Class A Common Stock 5,766,240 Sequoia Grove II, LLC F1, F3
holding FIG Series C Preferred Stock 30 Jul 2025 Class A Common Stock 117,520 Sequoia Grove UK, L.P. F1, F3
holding FIG Series D Preferred Stock 30 Jul 2025 Class A Common Stock 470,660 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
holding FIG Series D Preferred Stock 30 Jul 2025 Class A Common Stock 169,680 Sequoia Grove II, LLC F1, F3
holding FIG Series D Preferred Stock 30 Jul 2025 Class A Common Stock 3,460 Sequoia Grove UK, L.P. F1, F3
holding FIG Series E Preferred Stock 30 Jul 2025 Class A Common Stock 1,190,325 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the completion of the Issuer's initial public offering of its Class A Common Stock, each share of Series Seed Preferred Stock, Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock will automatically convert into shares of Class A Common Stock at a ratio of 1-for-1. The securities have no expiration date.
F2 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth IX Management, L.P., (ii) the general partner of SC US/E Growth X Management, L.P. and (iii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. 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 purposes.
F3 The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. 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 purposes.

Remarks:

Exhibit 24.1 - Power of Attorney