Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | S | Class A Common Stock | Other | $0 | +28.2K | $0.00 | 28.2K | Dec 9, 2021 | See Footnote | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | S | Class B Common Stock | 1.42M | Sep 10, 2021 | Class A Common Stock | 1.42M | See Footnote | F3, F4, F5 |
Id | Content |
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F1 | Distribution from Granite Hill India Opportunities Fund, LP, of which reporting person is a limited partner. |
F2 | On December 10, 2021, the reporting person filed a Form 4 which inadvertently reported the distribution from Granite Hill India Opportunities Fund, L.P. ("Distribution") as direct holdings to the reporting person. As reported in this amendment, the Distribution is acquired by the Dan and Zoe Scheinman Family Trust, Dated 2/23/01 as described in Footnote 3. |
F3 | These securities are held by the Dan and Zoe Scheinman Family Trust, Dated 2/23/01 (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. |
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, |
F5 | (continued from footnote 4) (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 he Issuer's restated certificate of incorporation, of Mr. Weingarten. |