Fidji Simo - Nov 12, 2024 Form 4 Insider Report for Maplebear Inc. (CART)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Bradley Libuit, Attorney-in-Fact
Stock symbol
CART
Transactions as of
Nov 12, 2024
Transactions value $
$0
Form type
4
Date filed
11/13/2024, 04:12 PM
Previous filing
Oct 31, 2024
Next filing
Nov 15, 2024

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 CART Performance Stock Units Disposed to Issuer $0 -900K -100% $0.00 0 Nov 12, 2024 Common Stock 900K Direct F1, F2, F3
transaction CART Performance Stock Units Award $0 +900K $0.00 900K Nov 12, 2024 Common Stock 900K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units convert to common stock on a one-for-one basis.
F2 The reported transactions involved an amendment of outstanding performance stock units (the "PSU award"), resulting in the deemed cancellation of the existing grant and the grant of replacement performance stock units for purposes of this report.
F3 As amended, the shares underlying the amended PSU award vest upon the achievement of certain stock price goals ranging from $43.32 per share to $86.64 per share (the "Stock Price Goals"). Achievement of the Stock Price Goals is measured using the volume-weighted average closing price of the Issuer's common stock on The Nasdaq Stock Market over the 30-trading day period preceding the applicable measurement date. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock.