Amir El Tabib - 23 Jul 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role
Chief Business Dev. Officer
Signature
/s/ David T. Shapiro, by power of attorney
Issuer symbol
IBTA
Transactions as of
23 Jul 2024
Net transactions value
+$20,750
Form type
4
Filing time
25 Jul 2024, 15:35:07 UTC
Previous filing
23 Jul 2024
Next filing
16 Oct 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 $20,750 +2,500 +2.7% $8.30 93,653 23 Jul 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 -2,500 -44% $0.000000 3,125 23 Jul 2024 Class A Common Stock 2,500 $8.30 Direct F3
* 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 This option, originally for 30,000 shares of Common Stock, vested as to 1/48th of the shares on January 8, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.