Richard I. Donahue - Apr 22, 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role
CHIEF MARKETING OFFICER
Signature
/s/ David Shapiro, by power of attorney
Stock symbol
IBTA
Transactions as of
Apr 22, 2024
Transactions value $
-$3,520,000
Form type
4
Date filed
4/22/2024, 04:05 PM
Previous filing
Apr 17, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Common Stock Other -148K -100% 0 Apr 22, 2024 Direct F1
transaction IBTA Class A Common Stock Other +148K 148K Apr 22, 2024 Direct F1, F2
transaction IBTA Class A Common Stock Sale -$3.52M -40K -26.94% $88.00* 108K Apr 22, 2024 Direct F2, F3

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 -1.83K -100% 0 Apr 22, 2024 Common Stock 1.83K $5.05 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +1.83K 1.83K Apr 22, 2024 Class A Common Stock 1.83K $5.05 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -4.33K -100% 0 Apr 22, 2024 Common Stock 4.33K $5.35 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +4.33K 4.33K Apr 22, 2024 Class A Common Stock 4.33K $5.35 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -14.8K -100% 0 Apr 22, 2024 Common Stock 14.8K $5.35 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +14.8K 14.8K Apr 22, 2024 Class A Common Stock 14.8K $5.35 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -20K -100% 0 Apr 22, 2024 Common Stock 20K $12.75 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +20K 20K Apr 22, 2024 Class A Common Stock 20K $12.75 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -45K -100% 0 Apr 22, 2024 Common Stock 45K $8.30 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other +45K 45K Apr 22, 2024 Class A Common Stock 45K $8.30 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other -36.8K -100% 0 Apr 22, 2024 Common Stock 36.8K $22.20 Direct F1, F6
transaction IBTA Employee Stock Option (right to buy) Other +36.8K 36.8K Apr 22, 2024 Class A Common Stock 36.8K $22.20 Direct F1, F6
transaction IBTA Employee Stock Option (right to buy) Other -20K -100% 0 Apr 22, 2024 Common Stock 20K $19.25 Direct F1, F7
transaction IBTA Employee Stock Option (right to buy) Other +20K 20K Apr 22, 2024 Class A Common Stock 20K $19.25 Direct F1, F7
transaction IBTA Employee Stock Option (right to buy) Other -25K -100% 0 Apr 22, 2024 Common Stock 25K $10.40 Direct F1, F8
transaction IBTA Employee Stock Option (right to buy) Other +25K 25K Apr 22, 2024 Class A Common Stock 25K $10.40 Direct F1, F8
* 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 Pursuant to the IPO, on April 17, 2024, the Issuer, the selling stockholders named in the Underwriting Agreement (as defined below) and the underwriters of the IPO (the "Underwriters") entered into an Underwriting Agreement (the "Underwriting Agreement"). Pursuant to the Underwriting Agreement, the Reporting Person sold 40,000 shares of Class A Common Stock of the Issuer to the Underwriters at a per share sale price of $88.00. The per share sale price reported in this Form 4 does not reflect underwriting discounts.
F4 All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F5 1/48th of the shares subject to the option vested on January 8, 2021 and 1/48th 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 August 15, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F7 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.
F8 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.