Sunit S. Patel - Apr 22, 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Signature
/s/ David Shapiro, by power of attorney
Stock symbol
IBTA
Transactions as of
Apr 22, 2024
Transactions value $
$0
Form type
4
Date filed
4/22/2024, 04:05 PM
Previous filing
Apr 17, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Common Stock Other -468K -100% 0 Apr 22, 2024 Direct F1
transaction IBTA Class A Common Stock Other +468K 468K Apr 22, 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 -20K -100% 0 Apr 22, 2024 Common Stock 20K $19.25 Direct F1, F3
transaction IBTA Employee Stock Option (right to buy) Other +20K 20K Apr 22, 2024 Class A Common Stock 20K $19.25 Direct F1, F3
* 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.
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 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.