Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NET | Class A Common Stock | Conversion of derivative security | $0 | +625K | $0.00 | 625K | Feb 15, 2023 | See Note 3 | F1, F2, F3 | |
transaction | NET | Class A Common Stock | Other | $0 | -625K | -100% | $0.00* | 0 | Feb 15, 2023 | See Note 3 | F3, F4 |
transaction | NET | Class A Common Stock | Other | $0 | +192K | $0.00 | 192K | Feb 15, 2023 | See Note 6 | F5, F6 | |
transaction | NET | Class A Common Stock | Other | $0 | -192K | -100% | $0.00* | 0 | Feb 15, 2023 | See Note 6 | F6, F7 |
transaction | NET | Class A Common Stock | Other | $0 | +5.14K | $0.00 | 5.14K | Feb 15, 2023 | See Note 9 | F8, F9 | |
holding | NET | Class A Common Stock | 41K | Feb 15, 2023 | See Note 10 | F10 | |||||
holding | NET | Class A Common Stock | 37K | Feb 15, 2023 | See Note 11 | F11 | |||||
holding | NET | Class A Common Stock | 340K | Feb 15, 2023 | See Note 12 | F12 | |||||
holding | NET | Class A Common Stock | 3.45K | Feb 15, 2023 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NET | Class B Common Stock | Conversion of derivative security | $0 | -625K | -33.33% | $0.00 | 1.25M | Feb 15, 2023 | Class A Common Stock | 625K | See Note 3 | F2, F3 |
Id | Content |
---|---|
F1 | New Enterprise Associates 13, L.P. ("NEA 13") converted 624,608 shares of Class B Common Stock at its option, pursuant to the Issuer's Amended and Restated Certificate of Incorporation, resulting in its acquisition of 624,608 shares of Class A Common Stock. |
F2 | Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at NEA 13's election and has no expiration date. |
F3 | The Reporting Person is a manager of NEA 13 GP, LLC ("NEA 13 GP"), which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of NEA 13, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 13 in which the Reporting Person has no pecuniary interest. |
F4 | NEA 13 made a pro rata distribution of 624,608 shares of Class A Common Stock of the Issuer to its general partner and limited partners for no consideration on February 15, 2023. |
F5 | NEA Partners 13 received 191,755 shares of Class A Common Stock of the Issuer in the distribution made by NEA 13 on February 15, 2023. |
F6 | The Reporting Person is a manager of NEA 13 GP, which is the sole general partner of NEA Partners 13, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA Partners 13 in which the Reporting Person has no pecuniary interest. |
F7 | NEA Partners 13 made a pro rata distribution of 191,755 shares of Class A Common Stock of the Issuer to its limited partners for no consideration on February 15, 2023. |
F8 | The Reporting Person, as trustee of the Blue Mountain Trust, dated April 29, 2019 (the "Blue Mountain Trust"), received 5,142 shares of Class A Common Stock of the Issuer in the distribution made by NEA Partners 13 on February 15, 2023. |
F9 | The Reporting Person is the trustee of the Blue Mountain Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchagne Act of 1934, as amended, or otherwise of such portion of the securities held by the Blue Mountain Trust in which the Reporting Person has no pecuniary interest. |
F10 | The Reporting Person is the trustee of the SS 2022 CF GRAT 2 dated 12/6/2022 (the "SS 2022 CF GRAT 2"), which is the direct beneficial owner of the securities. The Blue Mountain Trust received 41,000 shares of Class A Common Stock as an annuity payment from the SS 2021 CF GRAT on December 19, 2022 and subsequently transferred the shares to the SS 2022 CF GRAT 2, of which the Reporting Person is the trustee. The transfers represented mere changes in the form of beneficial ownership exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13. |
F11 | The Reporting Person is the trustee of the Pendleton 2020 GRAT, which is the direct beneficial owner of the securities. |
F12 | The Reporting Person is the trustee of the SS 2022 CF GRAT dated 3/8/2022, which is the direct beneficial owner of the securities. |