Laura Schenkein - 15 Nov 2023 Form 4 Insider Report for Trade Desk, Inc. (TTD)

Signature
/s/ Kelli Faerber Attorney-in-Fact for Laura Schenkein
Issuer symbol
TTD
Transactions as of
15 Nov 2023
Net transactions value
-$468,165
Form type
4
Filing time
17 Nov 2023, 18:01:28 UTC
Previous filing
05 Sep 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTD Class A Common Stock Tax liability $30,486 -448 -0.07% $68.05 666,501 15 Nov 2023 Direct F1, F2
transaction TTD Class A Common Stock Tax liability $8,302 -122 -0.02% $68.05 666,379 15 Nov 2023 Direct F3
transaction TTD Class A Common Stock Tax liability $38,244 -562 -0.08% $68.05 665,817 15 Nov 2023 Direct F4
transaction TTD Class A Common Stock Tax liability $42,940 -631 -0.09% $68.05 665,186 15 Nov 2023 Direct F5
transaction TTD Class A Common Stock Tax liability $100,306 -1,474 -0.22% $68.05 663,712 15 Nov 2023 Direct F6
transaction TTD Class A Common Stock Tax liability $74,174 -1,090 -0.16% $68.05 662,622 15 Nov 2023 Direct F7
transaction TTD Class A Common Stock Sale $173,712 -2,613 -0.39% $66.48 660,009 17 Nov 2023 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Unit Award granted May 15, 2020.
F2 Includes 34 shares acquired through the Employee Stock Purchase Plan on November 15, 2023.
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 Unit Award granted April 28, 2021.
F4 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 Unit Award granted March 2, 2022.
F5 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 Unit Award granted April 26, 2022.
F6 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 Unit Award granted April 24, 2023.
F7 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 June 1, 2023.
F8 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 1, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.