| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IBTA | Common Stock | Other | -800,461 | -100% | 0 | 22 Apr 2024 | Direct | F1 | ||
| transaction | IBTA | Common Stock | Other | -45,045 | -100% | 0 | 22 Apr 2024 | See footnote | F1, F2 | ||
| transaction | IBTA | Class A Common Stock | Other | +800,461 | 800,461 | 22 Apr 2024 | Direct | F1, F3 | |||
| transaction | IBTA | Class A Common Stock | Other | +45,045 | 45,045 | 22 Apr 2024 | See footnote | F1, F2 | |||
| transaction | IBTA | Class A Common Stock | Sale | $12,367,344 | -140,538 | -18% | $88.00* | 659,923 | 22 Apr 2024 | Direct | F3, F4 |
| 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 | -21,728 | -100% | 0 | 22 Apr 2024 | Common Stock | 21,728 | $5.05 | Direct | F1, F5 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +21,728 | 21,728 | 22 Apr 2024 | Class A Common Stock | 21,728 | $5.05 | Direct | F1, F5 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -35,000 | -100% | 0 | 22 Apr 2024 | Common Stock | 35,000 | $5.35 | Direct | F1, F5 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +35,000 | 35,000 | 22 Apr 2024 | Class A Common Stock | 35,000 | $5.35 | Direct | F1, F5 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -39,324 | -100% | 0 | 22 Apr 2024 | Common Stock | 39,324 | $12.75 | Direct | F1, F5 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +39,324 | 39,324 | 22 Apr 2024 | Class A Common Stock | 39,324 | $12.75 | Direct | F1, F5 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -50,000 | -100% | 0 | 22 Apr 2024 | Common Stock | 50,000 | $8.30 | Direct | F1, F6 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +50,000 | 50,000 | 22 Apr 2024 | Class A Common Stock | 50,000 | $8.30 | Direct | F1, F6 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -71,670 | -100% | 0 | 22 Apr 2024 | Common Stock | 71,670 | $22.20 | Direct | F1, F7 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +71,670 | 71,670 | 22 Apr 2024 | Class A Common Stock | 71,670 | $22.20 | Direct | F1, F7 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -25,000 | -100% | 0 | 22 Apr 2024 | Common Stock | 25,000 | $19.25 | Direct | F1, F8 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +25,000 | 25,000 | 22 Apr 2024 | Class A Common Stock | 25,000 | $19.25 | Direct | F1, F8 | |||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | -40,000 | -100% | 0 | 22 Apr 2024 | Common Stock | 40,000 | $10.40 | Direct | F1, F9 | ||
| transaction | IBTA | Employee Stock Option (right to buy) | Other | +40,000 | 40,000 | 22 Apr 2024 | Class A Common Stock | 40,000 | $10.40 | Direct | F1, F9 |
| 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 | The shares are held by Flat Tops Ventures, LLC, which is 1% owned by the Reporting Person and 99% owned by the Swanson 2021 Irrevocable Trust for the benefit of the Reporting Person's children. |
| F3 | 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. |
| F4 | 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 140,538 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. |
| F5 | All of the shares subject to the option are fully vested and exercisable as of the date hereof. |
| F6 | 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.. |
| F7 | 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. |
| F8 | 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. |
| F9 | 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. |