Kelly Gillease - 30 Dec 2021 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Role
Chief Marketing Officer
Signature
/s/ Kathy Lee, Attorney-In-Fact for Kelly Gillease
Issuer symbol
NRDS
Transactions as of
30 Dec 2021
Net transactions value
+$298,746
Form type
4
Filing time
04 Jan 2022, 20:17:00 UTC
Previous filing
06 Dec 2021
Next filing
18 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDS Class A Common Stock Options Exercise $98,756 +7,054 +7.4% $14.00 101,821 30 Dec 2021 Direct
transaction NRDS Class A Common Stock Options Exercise $99,999 +13,477 +13% $7.42 115,298 30 Dec 2021 Direct
transaction NRDS Class A Common Stock Options Exercise $99,991 +9,803 +8.5% $10.20 125,101 30 Dec 2021 Direct

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 NRDS Employee Stock Options (right to buy) Options Exercise $0 -7,054 -17% $0.000000 35,274 30 Dec 2021 Class A Common Stock 7,054 $14.00 Direct F1
transaction NRDS Employee Stock Options (right to buy) Options Exercise $0 -13,477 -4.8% $0.000000 266,523 30 Dec 2021 Class A Common Stock 13,477 $7.42 Direct F2
transaction NRDS Employee Stock Options (right to buy) Options Exercise $0 -9,803 -20% $0.000000 40,196 30 Dec 2021 Class A Common Stock 9,803 $10.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the shares subject to the option vest on each monthly anniversary measured from 4/1/21 the Vesting Commencement Date ("VCD"), such that 100% of the Shares subject to the option will be fully vested on the fourth anniversary of the VCD.
F2 25% of the shares subject to the option vest on the first anniversary measured from 8/20/18 the Vesting Commencement Date ("VCD") and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the VCD.
F3 1/48th of the shares subject to the option vest on each monthly anniversary measured from 9/1/19 the Vesting Commencement Date ("VCD"), such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the VCD.