Nick Giovanni - Mar 8, 2024 Form 4 Insider Report for Maplebear Inc. (CART)

Role
Chief Financial Officer
Signature
/s/ Bradley Libuit, Attorney-in-Fact
Stock symbol
CART
Transactions as of
Mar 8, 2024
Transactions value $
-$346,685
Form type
4
Date filed
3/12/2024, 05:09 PM
Previous filing
Feb 16, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CART Common Stock Sale -$172K -5K -0.84% $34.31 592K Mar 8, 2024 Direct F1, F2, F3
transaction CART Common Stock Sale -$31.5K -900 -0.15% $35.00 591K Mar 11, 2024 Direct F1, F3
transaction CART Common Stock Sale -$144K -4.1K -0.69% $35.03 587K Mar 12, 2024 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sales were effected pursuant to a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), adopted on November 22, 2023.
F2 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.93 to $34.57 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 84,375 shares of restricted stock subject to the Issuer's right of repurchase.
F4 The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.045 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.