Christopher J. Jensen - 05 Jun 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role: CHIEF REVENUE OFFICER
Signature: /s/ David Shapiro, by power of attorney
Issuer symbol: IBTA
Transactions as of: 05 Jun 2024
Net transactions value: +$244,987
Form type: 4
Filing time: 07 Jun 2024, 11:36:46 UTC
Previous filing: 22 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IBTA	Class A Common Stock	Options Exercise	$225,956	+17,722	+20%	$12.75^*	105,786	05 Jun 2024	Direct	F1, F2
transaction	IBTA	Class A Common Stock	Options Exercise	$8,649	+1,042	+0.99%	$8.30^*	106,828	05 Jun 2024	Direct	F1, F2
transaction	IBTA	Class A Common Stock	Options Exercise	$10,383	+834	+0.78%	$12.45^*	107,662	05 Jun 2024	Direct	F1, F2

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	IBTA	Employee Stock Option (right to buy)	Options Exercise	$0	-17,722	-52%	$0.000000	16,337	05 Jun 2024	Class A Common Stock	17,722	$12.75	Direct	F3
transaction	IBTA	Employee Stock Option (right to buy)	Options Exercise	$0	-1,042	-23%	$0.000000	3,542	05 Jun 2024	Class A Common Stock	1,042	$8.30	Direct	F4
transaction	IBTA	Employee Stock Option (right to buy)	Options Exercise	$0	-834	-8.5%	$0.000000	8,958	05 Jun 2024	Class A Common Stock	834	$12.45	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares acquired upon exercise of the stock option may be transferred only in accordance with the terms of a lock-up agreement entered into between the Reporting Person and the Issuer in connection with the Issuer's initial public offering of Class A Common Stock in April 2024.
F2	Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3	All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F4	This option, originally for 10,000 shares, vested as to 1/48th of the shares on February 4, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F5	This option, originally for 10,000 shares, vested as to 1/48th of the shares on April 11, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.