John Wendell Thompson - 24 Apr 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Director
Signature
/s/ Anne-Kathrin Lalendran, Attorney-in-Fact
Issuer symbol
RBRK
Transactions as of
24 Apr 2024
Net transactions value
$0
Form type
4
Filing time
26 Apr 2024, 21:00:47 UTC
Previous filing
15 Dec 2023
Next filing
01 May 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 +75,000 $0.000000 75,000 24 Apr 2024 Class B Common Stock 75,000 Direct F1, F2
transaction RBRK Restricted Stock Units Award $0 +50,000 $0.000000 50,000 24 Apr 2024 Class B Common Stock 50,000 Direct F1, F3
transaction RBRK Restricted Stock Units Award $0 +25,000 $0.000000 25,000 24 Apr 2024 Class B Common Stock 25,000 Direct F1, F4
transaction RBRK Restricted Stock Units Options Exercise $0 -75,000 -100% $0.000000* 0 25 Apr 2024 Class B Common Stock 75,000 Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -16,666 -33% $0.000000 33,334 25 Apr 2024 Class B Common Stock 16,666 Direct F1, F3
transaction RBRK Restricted Stock Units Options Exercise $0 -8,333 -33% $0.000000 16,667 25 Apr 2024 Class B Common Stock 8,333 Direct F1, F4
transaction RBRK Class B Common Stock Options Exercise +99,999 99,999 25 Apr 2024 Class A Common Stock 99,999 Direct F5
* 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: 1/8 of the shares subject to the RSU vested on December 15, 2020, and 1/8 of the shares subject to the RSU vest every quarter 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 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, 2023, 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).
F4 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, 2023, 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's continued service as Lead Independent Director of the Issuer's board of directors.
F5 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.