Nick Giovanni - Sep 21, 2023 Form 4 Insider Report for Maplebear Inc. (CART)

Role
Chief Financial Officer
Signature
/s/ Bradley Libuit, Attorney-in-fact
Stock symbol
CART
Transactions as of
Sep 21, 2023
Transactions value $
$0
Form type
4
Date filed
9/25/2023, 06:53 PM
Previous filing
Sep 18, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CART Non-Voting Common Stock Other -573K -100% 0 Sep 21, 2023 Direct F1, F2
transaction CART Common Stock Other +573K 573K Sep 21, 2023 Direct F1, F2

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 Other $0 -600K -100% $0.00* 0 Sep 21, 2023 Non-Voting Common Stock 600K Direct F1, F3
transaction CART Performance Stock Units Other $0 +600K $0.00 600K Sep 21, 2023 Common Stock 600K Direct F1, F3
transaction CART Stock Option (Right to Buy) Other $0 -450K -100% $0.00* 0 Sep 21, 2023 Non-Voting Common Stock 450K $47.69 Direct F1, F4
transaction CART Stock Option (Right to Buy) Other $0 +450K $0.00 450K Sep 21, 2023 Common Stock 450K $47.69 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Non-Voting Common Stock was automatically converted into one share of Common Stock in connection with the closing of the Issuer's initial public offering of common stock.
F2 Includes 140,625 shares of restricted stock subject to the Issuer's right of repurchase.
F3 Each performance right represents a contingent right to receive one share of the Issuer's Common Stock. The initial performance condition was met, and 150,000 shares vested, upon the effectiveness of the Issuer's initial public offering and the remaining rights will vest upon the achievement of specified market valuations.
F4 Twenty-five percent (25%) of the shares subject to the stock option vest on the one-year anniversary of the grant date, and the remainder of the shares vest in 36 equal monthly installments thereafter, subject to continued employment or service through each such date.