Jared Chomko - 22 Apr 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role
VICE PRESIDENT, ACCOUNTING
Signature
/s/ David Shapiro, by power of attorney
Issuer symbol
IBTA
Transactions as of
22 Apr 2024
Net transactions value
$0
Form type
4
Filing time
22 Apr 2024, 16:05:23 UTC
Previous filing
17 Apr 2024
Next filing
19 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Common Stock Other -7,016 -100% 0 22 Apr 2024 Direct F1
transaction IBTA Class A Common Stock Other +7,016 7,016 22 Apr 2024 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 IBTA Employee Stock Option (right to buy) Other -5,984 -100% 0 22 Apr 2024 Common Stock 5,984 $12.45 Direct F1, F3
transaction IBTA Employee Stock Option (right to buy) Other +5,984 5,984 22 Apr 2024 Class A Common Stock 5,984 $12.45 Direct F1, F3
transaction IBTA Employee Stock Option (right to buy) Other -1,500 -100% 0 22 Apr 2024 Common Stock 1,500 $22.20 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +1,500 1,500 22 Apr 2024 Class A Common Stock 1,500 $22.20 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -7,500 -100% 0 22 Apr 2024 Common Stock 7,500 $19.25 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other +7,500 7,500 22 Apr 2024 Class A Common Stock 7,500 $19.25 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other -5,000 -100% 0 22 Apr 2024 Common Stock 5,000 $10.40 Direct F1, F6
transaction IBTA Employee Stock Option (right to buy) Other +5,000 5,000 22 Apr 2024 Class A Common Stock 5,000 $10.40 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO").
F2 Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 This option, originally for 10,000 shares of Common Stock, vested as to 1/4th of the shares on March 29, 2022 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F4 1/3rd of the shares subject to the option are vested, 1/3rd of the shares subject to the option vest upon completion of the IPO, and 1/3rd of the shares subject to the option vest upon completion of the Issuer's second public earnings release following completion of the IPO.
F5 1/36th of the shares subject to the option vested on February 3, 2022 and 1/36th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F6 1/48th of the shares subject to the option vested on February 16, 2023 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.