Kiran Kumar Choudary - 04 Dec 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
04 Dec 2024
Net transactions value
-$2,066,118
Form type
4
Filing time
06 Dec 2024, 17:59:47 UTC
Previous filing
27 Nov 2024
Next filing
12 Dec 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 Conversion of derivative security $0 +1,000 +0.27% $0.000000 374,760 04 Dec 2024 Direct
transaction RBRK Class A Common Stock Sale $92,718 -1,800 -0.48% $51.51 372,960 04 Dec 2024 Direct F1
transaction RBRK Class A Common Stock Sale $1,973,400 -30,000 -8% $65.78 342,960 06 Dec 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 90,450 04 Dec 2024 Class B Common Stock 1,000 $7.99 Direct F2
transaction RBRK Class B Common Stock Options Exercise +1,000 1,000 04 Dec 2024 Class A Common Stock 1,000 Direct F3
transaction RBRK Class B Common Stock Conversion of derivative security -1,000 -100% 0 04 Dec 2024 Class A Common Stock 1,000 Direct F3
* 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 1/4 of the shares subject to the option vested on August 20, 2019, and 1/48 of the shares vested monthly thereafter.
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.