David R. Pickles - Dec 1, 2021 Form 4 Insider Report for Trade Desk, Inc. (TTD)

Signature
/s/ Tahnil Davis, Attorney-in-Fact for David R. Pickles
Stock symbol
TTD
Transactions as of
Dec 1, 2021
Transactions value $
-$4,129,120
Form type
4
Date filed
12/3/2021, 04:13 PM
Previous filing
Nov 17, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTD Class A Common Stock Tax liability -$2.41M -25.3K -5.09% $95.22 472K Dec 1, 2021 Direct F1
transaction TTD Class A Common Stock Tax liability -$1.1M -11.5K -2.45% $95.22 460K Dec 1, 2021 Direct F2
transaction TTD Class A Common Stock Tax liability -$621K -6.52K -1.42% $95.22 454K Dec 1, 2021 Direct 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
transaction TTD Employee Stock Option (Right to Buy) Options Exercise $0 -75K -20.27% $0.00 295K Dec 1, 2021 Class B Common Stock 75K $0.02 Direct F4, F5
transaction TTD Class B Common Stock Options Exercise $0 +75K +8.49% $0.00 958K Dec 1, 2021 Class A Common Stock 75K $0.00 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a restricted stock award granted December 1, 2017.
F2 The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a restricted stock award granted December 1, 2018.
F3 The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of a restricted stock award granted December 1, 2019.
F4 This option was previously reported as covering 37,000 shares at an exercise price of $0.171 per share, but was adjusted to reflect a 10-for-1 stock split effective June 16, 2021.
F5 The option was granted on February 8, 2013. The Vesting Commencement Date ("VCD") was October 17, 2012. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.
F6 Each share of Class B Common Stock has no expiration date and is convertible for no additional consideration into one (1) share of Class A Common Stock at the option of the holder thereof at any time and upon certain other circumstances.
F7 On June 16, 2021, the Issuer effected a 10-for-1 stock split of its common stock resulting in the reporting person's ownership of 794,997 additional shares of common stock.