Daniel Scheinman - 02 Jul 2021 Form 4 Insider Report for SentinelOne, Inc. (S)

Reporting relationship: Director
Issuer ticker: S
Reported as of: 02 Jul 2021
Net transaction value: +$350,000
SEC form: 4
Accepted by SEC: 02 Jul 2021, 18:01:44 UTC
Prior SEC filing: 29 Jun 2021
Next SEC filing: 24 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ David Bernhardt, as Attorney-in-Fact for Daniel Scheinman

Key filing fact

Daniel Scheinman filed Form 4 for SentinelOne, Inc. (S) on 02 Jul 2021.

Key facts

This page summarizes Daniel Scheinman's Form 4 filing for SentinelOne, Inc. (S).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Jul 2021, 18:01.

Change

Previous filing in this sequence was filed on 29 Jun 2021.
Current net transaction value: +$350,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

S transaction

Class A Common Stock

Purchase

Transaction value: $350,000
Shares: +10,000
Change %
Price: $35.00
Shares after: 10,000
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

S transaction Derivative

Series A Preferred Stock

Conversion of derivative security

Transaction value
Shares: +358,023
Change %
Price
Shares after: 358,023
Date: 02 Jul 2021
Ownership: By Trust
Underlying class: Class B Common Stock
Underlying amount: 358,023
Exercise price
Footnotes: F2, F3, F4, F5, F6

S transaction Derivative

Series Seed Preferred Stock

Conversion of derivative security

Transaction value
Shares: +1,065,126
Change %
Price
Shares after: 1,065,126
Date: 02 Jul 2021
Ownership: By Trust
Underlying class: Class B Common Stock
Underlying amount: 1,065,126
Exercise price
Footnotes: F2, F3, F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents shares acquired pursuant to a directed share program in connection with the Issuer's initial public offering of Class A Common Stock.

Footnote F2

The Shares of the Issuer's Series A and Series Seed Preferred Stock automatically converted into shares of the Issuer's Class B Common Stock on a 1:1 basis immediately upon the closing of the Issuer's initial public offering on July 2, 2021 and had no expiration date.

Footnote F3

Represents the conversion of Series A and Series Seed Preferred Stock held of record by the Dan and Zoe Scheinman Family Trust, Dated 2/23/01 (the "Scheinman Trust") into Class B Common Stock.

Footnote F4

Each share of Class B common stock is convertible into one share of Class A common stock at any time and will convert automatically upon certain transfers and upon the earlier of (i) the date specified by a vote of the holders of 66 2/3% of the then outstanding share of Class B common stock, (ii) seven years from the effective date of the Issuer's initial public offering ("IPO"), (iii) the first date following the IPO on which the number of shares of outstanding Class B common stock (including share of Class B common stock subject to outstanding stock options) held by Tomer Weingarten, including certain entities that Mr. Weingarten controls, is less than 25% of the number of shares of Class B common stock (including shares of Class B common stock subject to outstanding stock options) that Mr. Weingarten originally held as of the date of the IPO,

Footnote F5

(continued from footnote 2) (iv) the date fixed by the Issuer's board of directors (the "Board"), following the first date following the completion of this offering when Mr. Weingarten is no longer providing services to the Issuer as an officer, employee, consultant or member of the Board, (v) the date fixed by the Board following the date, if applicable, on which Mr. Weingarten is terminated for cause, as defined in the Issuer's restated certificate of incorporation, and (vi) the date that is 12 months after the death or disability, as defined into the Issuer's restated certificate of incorporation, of Mr. Weingarten.

Footnote F6

These securities are held by the Scheinman Trust. The Reporting Person is the trustee and a beneficiary of the Scheinman Trust and has sole voting and dispositive power over the shares held by the Scheinman Trust.