Steven M. Spurlock - 28 Sep 2021 Form 4 Insider Report for Amplitude, Inc. (AMPL)

Role
10%+ Owner
Signature
/s/ An-Yen Hu, by power of attorney for Steven M. Spurlock
Issuer symbol
AMPL
Transactions as of
28 Sep 2021
Net transactions value
-$51,998,118
Form type
4
Filing time
30 Sep 2021, 20:28:20 UTC
Previous filing
24 Sep 2021
Next filing
19 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPL Class A Common Stock Sale $30,000,000 -600,000 -39% $50.00 926,430 28 Sep 2021 See footnote F1
transaction AMPL Class A Common Stock Sale $10,655,260 -200,000 -22% $53.28 726,430 28 Sep 2021 See footnote F1, F2
transaction AMPL Class A Common Stock Sale $10,840,520 -200,000 -28% $54.20 526,430 28 Sep 2021 See footnote F1, F3
transaction AMPL Class A Common Stock Conversion of derivative security $0 +1,473,570 +280% $0.000000 2,000,000 28 Sep 2021 See footnote F1, F4
transaction AMPL Class A Common Stock Other $0 -2,000,000 -100% $0.000000* 0 28 Sep 2021 See footnote F1, F5
transaction AMPL Class A Common Stock Other $0 +32,898 $0.000000 32,898 28 Sep 2021 See footnote F5, F6
transaction AMPL Class A Common Stock Sale $6,582 -126 -0.38% $52.24 32,772 29 Sep 2021 See footnote F6, F7
transaction AMPL Class A Common Stock Sale $30,933 -581 -1.8% $53.24 32,191 29 Sep 2021 See footnote F6, F8
transaction AMPL Class A Common Stock Sale $49,504 -912 -2.8% $54.28 31,279 29 Sep 2021 See footnote F6, F9
transaction AMPL Class A Common Stock Other $0 +115,499 $0.000000 115,499 28 Sep 2021 See footnote F5, F10
transaction AMPL Class A Common Stock Other $0 +79,808 $0.000000 79,808 28 Sep 2021 See footnote F5, F11
transaction AMPL Class A Common Stock Sale $13,425 -257 -0.32% $52.24 79,551 29 Sep 2021 See footnote F7, F11
transaction AMPL Class A Common Stock Sale $63,517 -1,193 -1.5% $53.24 78,358 29 Sep 2021 See footnote F8, F11
transaction AMPL Class A Common Stock Sale $101,452 -1,869 -2.4% $54.28 76,489 29 Sep 2021 See footnote F9, F11
transaction AMPL Class A Common Stock Other $0 +3,940 $0.000000 3,940 28 Sep 2021 See footnote F5, F12
transaction AMPL Class A Common Stock Other $0 +99,150 $0.000000 99,150 28 Sep 2021 See footnote F5, F13
transaction AMPL Class A Common Stock Other $0 +7,880 $0.000000 7,880 28 Sep 2021 See footnote F5, F14
transaction AMPL Class A Common Stock Other $0 +95,210 $0.000000 95,210 28 Sep 2021 See footnote F5, F15
transaction AMPL Class A Common Stock Other $0 +55,650 $0.000000 55,650 28 Sep 2021 See footnote F5, F16
transaction AMPL Class A Common Stock Sale $14,574 -279 -0.5% $52.24 55,371 29 Sep 2021 See footnote F7, F16
transaction AMPL Class A Common Stock Sale $68,841 -1,293 -2.3% $53.24 54,078 29 Sep 2021 See footnote F8, F16
transaction AMPL Class A Common Stock Sale $110,028 -2,027 -3.7% $54.28 52,051 29 Sep 2021 See footnote F9, F16
transaction AMPL Class A Common Stock Other $0 +696 $0.000000 696 28 Sep 2021 See footnote F5, F17
transaction AMPL Class A Common Stock Other $0 +12,497 $0.000000 12,497 28 Sep 2021 See footnote F5, F18
transaction AMPL Class A Common Stock Sale $3,291 -63 -0.5% $52.24 12,434 29 Sep 2021 See footnote F7, F18
transaction AMPL Class A Common Stock Sale $15,493 -291 -2.3% $53.24 12,143 29 Sep 2021 See footnote F8, F18
transaction AMPL Class A Common Stock Sale $24,698 -455 -3.7% $54.28 11,688 29 Sep 2021 See footnote F9, F18

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 AMPL Class B Common Stock Conversion of derivative security $0 -1,473,570 -11% $0.000000 12,264,298 28 Sep 2021 Class A Common Stock 1,473,570 See footnote F1, F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held directly by Benchmark Capital Partners VIII, L.P. ("BCP VIII") for itself and as nominee for Benchmark Founders' Fund VIII, L.P. ("BFF VIII") and Benchmark Founders' Fund VIII-B, L.P. ("BFF VIII-B"). Benchmark Capital Management Co. VIII, L.L.C. ("BCMC VIII"), the general partner of BCP VIII, BFF VIII and BFF VIII-B, may be deemed to have sole voting and dispositive power over the securities. Eric Vishria, a member of the Issuer's board of directors, Matthew R. Cohler, Peter H. Fenton, J. William Gurley, An-Yen Hu, Mitchell H. Lasky, Chetan Puttagunta, Steven M. Spurlock and Sarah E. Tavel are the managing members of BCMC VIII, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
F2 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 28, 2021. The actual sale prices ranged from a low of $53 to a high of $53.85, inclusive. Each Reporting Person undertakes to provide upon request of the SEC Staff, Amplitude, Inc. or any security holder of Amplitude, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F3 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 28, 2021. The actual sale prices ranged from a low of $54.01 to a high of $54.68, inclusive. Each Reporting Person undertakes to provide upon request of the SEC Staff, Amplitude, Inc. or any security holder of Amplitude, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F4 Conversion of a derivative security in accordance of its terms.
F5 Represents a pro-rata, in-kind distribution by BCP VIII and its affiliated funds, not for additional consideration, to BCMC VIII and its respective members and assignees.
F6 Shares are held by Steven M. Spurlock's family partnership.
F7 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 29, 2021. The actual sale prices ranged from a low of $51.81 to a high of $52.57, inclusive. Each Reporting Person undertakes to provide upon request of the SEC Staff, Amplitude, Inc. or any security holder of Amplitude, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F8 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 29, 2021. The actual sale prices ranged from a low of $52.85 to a high of $53.8, inclusive. Each Reporting Person undertakes to provide upon request of the SEC Staff, Amplitude, Inc. or any security holder of Amplitude, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F9 Represents the weighted-average sale price per share of a series of transactions, all of which were executed on September 29, 2021. The actual sale prices ranged from a low of $53.875 to a high of $54.67, inclusive. Each Reporting Person undertakes to provide upon request of the SEC Staff, Amplitude, Inc. or any security holder of Amplitude, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F10 Shares are held by Matthew R. Cohler's trust entity.
F11 Shares are held by Peter H. Fenton's trust entities.
F12 Shares are held by Mitchell H. Lasky's family partnership.
F13 Shares are held by Mitchell H. Lasky's trust entity.
F14 Shares are held by J. William Gurley's family partnerships.
F15 Shares are held by J. William Gurley's trust entity
F16 Shares are held by Sarah Tavel.
F17 Shares held by An-Yen Hu's trust entity.
F18 Shares held by Chetan Puttagunta's trust entity.
F19 The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will convert automatically into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (b) the date that is six months following the date on which none of the Issuer's founders is an employee or director of the Issuer (unless a founder has rejoined the Issuer during such six-month period).

Remarks:

This report is one of three reports, each on a separate Form 4, but relating to the same holdings being filed by entities affiliated with Benchmark and their applicable members.