Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBRK | Class A Common Stock | Conversion of derivative security | $0 | +62.5K | +20% | $0.00 | 375K | Dec 17, 2024 | Direct | |
transaction | RBRK | Class A Common Stock | Sale | -$2.06M | -28.5K | -7.6% | $72.34 | 347K | Dec 17, 2024 | Direct | F1 |
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 | -56.3K | -50% | $0.00 | 56.3K | Dec 17, 2024 | Class B Common Stock | 56.3K | Direct | F2, F3 | |
transaction | RBRK | Restricted Stock Units | Options Exercise | $0 | -6.25K | -16.67% | $0.00 | 31.3K | Dec 17, 2024 | Class B Common Stock | 6.25K | Direct | F2, F4 | |
transaction | RBRK | Class B Common Stock | Options Exercise | +62.5K | 62.5K | Dec 17, 2024 | Class A Common Stock | 62.5K | Direct | F5 | ||||
transaction | RBRK | Class B Common Stock | Conversion of derivative security | -62.5K | -100% | 0 | Dec 17, 2024 | Class A Common Stock | 62.5K | Direct | F5 |
Id | Content |
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F1 | This sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs). |
F2 | Each RSU represents a contingent right to receive one share of Class B Common Stock. |
F3 | The RSUs shall vest as follows: 1/4 of the shares subject to the RSU vested on March 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). |
F4 | 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). |
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. |