Yvonne Wassenaar - Apr 24, 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Director
Signature
/s/ Anne-Kathrin Lalendran, Attorney-in-Fact
Stock symbol
RBRK
Transactions as of
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 08:58 PM
Previous filing
Feb 23, 2024
Next filing
May 22, 2024

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 RBRK Restricted Stock Units Award $0 +50K $0.00 50K Apr 24, 2024 Class B Common Stock 50K Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -33.3K -66.66% $0.00 16.7K Apr 25, 2024 Class B Common Stock 33.3K Direct F1, F2
transaction RBRK Class B Common Stock Options Exercise $0 +33.3K $0.00 33.3K Apr 25, 2024 Class A Common Stock 33.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Class B Common Stock.
F2 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/3 of the shares subject to the RSU vested on December 15, 2022, and 1/3 of the shares subject to the RSU vest every year thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F3 Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.