Richard Scott Herren - Dec 17, 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Role
Director
Signature
/s/ Larry Guo, Attorney-in-Fact
Stock symbol
RBRK
Transactions as of
Dec 17, 2024
Transactions value $
$0
Form type
4
Date filed
12/19/2024, 08:00 PM
Previous filing
Nov 19, 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 Options Exercise $0 -16.7K -100% $0.00 0 Dec 17, 2024 Class B Common Stock 16.7K Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -8.33K -100% $0.00 0 Dec 17, 2024 Class B Common Stock 8.33K Direct F1, F3
transaction RBRK Class B Common Stock Options Exercise $0 +25K +50.01% $0.00 75K Dec 17, 2024 Class A Common Stock 25K Direct F4
* 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 RSUs shall vest as follows: 1/3 of the shares subject to the RSU vested on December 15, 2022, 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 2014 Amended and Restated Stock Option and Grant Plan).
F3 The RSUs shall vest as follows: 1/3 of the shares subject to the RSU vested on December 15, 2022, 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 Chair of the Audit Committee of the Issuer's board of directors.
F4 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.