Kiran Kumar Choudary - Dec 11, 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Chief Financial Officer
Signature
/s/ Larry Guo, Attorney-in-Fact
Stock symbol
RBRK
Transactions as of
Dec 11, 2024
Transactions value $
-$125,460
Form type
4
Date filed
12/12/2024, 07:00 PM
Previous filing
Dec 6, 2024
Next filing
Dec 19, 2024

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 +1K +0.29% $0.00 344K Dec 11, 2024 Direct
transaction RBRK Class A Common Stock Sale -$125K -1.8K -0.52% $69.70 342K Dec 11, 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 -1K -1.11% $0.00 89.5K Dec 11, 2024 Class B Common Stock 1K $7.99 Direct F2
transaction RBRK Class B Common Stock Options Exercise +1K 1K Dec 11, 2024 Class A Common Stock 1K Direct F3
transaction RBRK Class B Common Stock Conversion of derivative security -1K -100% 0 Dec 11, 2024 Class A Common Stock 1K 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.