Kiran Kumar Choudary - 24 Apr 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

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, 21:57:05 UTC
Next filing
30 Sep 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 +50,000 $0.000000 50,000 24 Apr 2024 Class B Common Stock 50,000 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 +3,338 $0.000000 3,338 24 Apr 2024 Class B Common Stock 3,338 Direct F1, F4
transaction RBRK Restricted Stock Units Award $0 +700,000 $0.000000 700,000 24 Apr 2024 Class B Common Stock 700,000 Direct F1, F5
transaction RBRK Restricted Stock Units Award $0 +50,000 $0.000000 50,000 24 Apr 2024 Class B Common Stock 50,000 Direct F1, F6
transaction RBRK Restricted Stock Units Award $0 +115,000 $0.000000 115,000 24 Apr 2024 Class B Common Stock 115,000 Direct F1, F7
transaction RBRK Restricted Stock Units Award $0 +550,000 $0.000000 550,000 24 Apr 2024 Class B Common Stock 550,000 Direct F1, F8
transaction RBRK Restricted Stock Units Award $0 +275,000 $0.000000 275,000 24 Apr 2024 Class B Common Stock 275,000 Direct F1, F9
transaction RBRK Restricted Stock Units Options Exercise $0 -24,657 -49% $0.000000 25,343 25 Apr 2024 Class B Common Stock 24,657 Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -24,656 -49% $0.000000 25,344 25 Apr 2024 Class B Common Stock 24,656 Direct F1, F3
transaction RBRK Restricted Stock Units Options Exercise $0 -1,645 -49% $0.000000 1,693 25 Apr 2024 Class B Common Stock 1,645 Direct F1, F4
transaction RBRK Restricted Stock Units Options Exercise $0 -302,078 -43% $0.000000 397,922 25 Apr 2024 Class B Common Stock 302,078 Direct F1, F5
transaction RBRK Restricted Stock Units Options Exercise $0 -24,660 -49% $0.000000 25,340 25 Apr 2024 Class B Common Stock 24,660 Direct F1, F6
transaction RBRK Restricted Stock Units Options Exercise $0 -28,356 -25% $0.000000 86,644 25 Apr 2024 Class B Common Stock 28,356 Direct F1, F7
transaction RBRK Restricted Stock Units Options Exercise $0 -36,990 -6.7% $0.000000 513,010 25 Apr 2024 Class B Common Stock 36,990 Direct F1, F8
transaction RBRK Restricted Stock Units Tax liability $0 -25,343 -100% $0.000000* 0 25 Apr 2024 Class B Common Stock 25,343 Direct F1, F2, F10
transaction RBRK Restricted Stock Units Tax liability $0 -25,344 -100% $0.000000* 0 25 Apr 2024 Class B Common Stock 25,344 Direct F1, F3, F10
transaction RBRK Restricted Stock Units Tax liability $0 -1,693 -100% $0.000000* 0 25 Apr 2024 Class B Common Stock 1,693 Direct F1, F4, F10
transaction RBRK Restricted Stock Units Tax liability $0 -310,422 -78% $0.000000 87,500 25 Apr 2024 Class B Common Stock 310,422 Direct F1, F5, F10
transaction RBRK Restricted Stock Units Tax liability $0 -25,340 -100% $0.000000* 0 25 Apr 2024 Class B Common Stock 25,340 Direct F1, F6, F10
transaction RBRK Restricted Stock Units Tax liability $0 -29,144 -34% $0.000000 57,500 24 Apr 2024 Class B Common Stock 29,144 Direct F1, F7, F10
transaction RBRK Restricted Stock Units Tax liability $0 -38,010 -7.4% $0.000000 475,000 25 Apr 2024 Class B Common Stock 38,010 Direct F1, F8, F10
transaction RBRK Class B Common Stock Options Exercise +443,042 443,042 25 Apr 2024 Class A Common Stock 443,042 Direct F11
* 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: 1/4 of the shares subject to the RSU vested on June 15, 2019, and 1/48 of the shares subject to the RSU vest every month 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: 1/16 of the shares subject to the RSU vested on June 15, 2020, and 1/16 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).
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: 1/2 of the shares subject to the RSU vested on September 15, 2020, 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested on March 15, 2021, 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).
F5 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: 1/16 of the shares subject to the RSU vested on December 15, 2020, and 1/16 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).
F6 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: 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested 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).
F7 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: 1/16 of the shares subject to the RSU vested on June 15, 2022, and 1/16 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).
F8 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: 75,000 shares subject to the RSU vested on March 15, 2024, 125,000 shares subject to the RSU vest on March 15, 2025, 150,000 shares vest on March 15, 2026, and 200,000 shares vest on March 15, 2027, 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).
F9 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: 10% of the shares subject to the RSU vest on March 15, 2025, 20% of the shares subject to the RSU vest on March 15, 2026, 35% of the shares subject to the RSU vest on March 15, 2027, and 35% of the shares subject to the RSU vest on March 15, 2028, 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).
F10 Represents the number of shares withheld by the Issuer in connection with the net settlement of the applicable RSUs prior to the open of trading on April 25, 2024, which settlement date was determined by the Issuer's board of directors, to satisfy the tax obligation realized upon vesting of such RSUs.
F11 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.