Kiran Kumar Choudary - 08 Nov 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Chief Financial Officer
Signature
/s/ Larry Guo, Attorney-in-Fact
Issuer symbol
RBRK
Transactions as of
08 Nov 2024
Net transactions value
-$529,590
Form type
4
Filing time
12 Nov 2024, 18:34:38 UTC
Previous filing
05 Nov 2024
Next filing
18 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBRK Class A Common Stock Sale $330,143 -7,330 -1.8% $45.04 398,830 08 Nov 2024 Direct F1, F2
transaction RBRK Class A Common Stock Sale $120,337 -2,670 -0.67% $45.07 396,160 11 Nov 2024 Direct F1, F3
transaction RBRK Class A Common Stock Conversion of derivative security $0 +1,000 +0.25% $0.000000 397,160 12 Nov 2024 Direct
transaction RBRK Class A Common Stock Sale $79,110 -1,800 -0.45% $43.95 395,360 12 Nov 2024 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -1,000 -1.1% $0.000000 93,450 12 Nov 2024 Class B Common Stock 1,000 $7.99 Direct F4
transaction RBRK Class B Common Stock Options Exercise +1,000 1,000 12 Nov 2024 Class A Common Stock 1,000 Direct F5
transaction RBRK Class B Common Stock Conversion of derivative security -1,000 -50% 1,000 12 Nov 2024 Class A Common Stock 1,000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted July 15, 2024
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.07 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.14 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.
F4 1/4 of the shares subject to the option vested on August 20, 2019, and 1/48 of the shares vested monthly thereafter.
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.