Richard I. Donahue - Oct 28, 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role
CHIEF MARKETING OFFICER
Signature
/s/ David Shapiro, by power of attorney
Stock symbol
IBTA
Transactions as of
Oct 28, 2024
Transactions value $
-$1,005,922
Form type
4
Date filed
10/29/2024, 06:21 PM
Previous filing
Sep 11, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Class A Common Stock Options Exercise $125K +15K +9.39% $8.30 175K Oct 28, 2024 Direct F1
transaction IBTA Class A Common Stock Sale -$1.06M -14.1K -8.05% $75.27 161K Oct 28, 2024 Direct F1, F2, F3
transaction IBTA Class A Common Stock Sale -$71.8K -936 -0.58% $76.69 160K Oct 28, 2024 Direct F1, F4

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 -15K -46.98% $0.00 16.9K Oct 28, 2024 Class A Common Stock 15K $8.30 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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.
F2 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on June 6, 2024.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.00 to $75.99 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.28 to $76.91 per share. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 1/48th of the shares subject to the option vested 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..