David K. Wright - 18 Sep 2025 Form 3 Insider Report for Pattern Group Inc. (PTRN)

Signature
DAVID K. WRIGHT By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright
Issuer symbol
PTRN
Transactions as of
18 Sep 2025
Net transactions value
$0
Form type
3
Filing time
18 Sep 2025, 20:34:43 UTC
Previous filing
22 Sep 2025
Next filing
24 Sep 2025

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
Wright David K. Chief Executive Officer, Director, 10%+ Owner C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI DAVID K. WRIGHT By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright 18 Sep 2025 0002086238
Alder Melanie Chief Strategy Officer, Director, 10%+ Owner C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI MELANIE ALDER By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder 18 Sep 2025 0002085981
Wright Irrevocable Trust 10%+ Owner C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI WRIGHT IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee 18 Sep 2025 0002086236
Alder Irrevocable Trust 10%+ Owner C/O PATTERN GROUP INC., 1441 WEST INNOVATION WAY, SUITE 500, LEHI ALDER IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee 18 Sep 2025 0002085975

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PTRN Common Stock 375,000 18 Sep 2025 Direct F1, F2
holding PTRN Common Stock 125,000 18 Sep 2025 By spouse F1, F3, 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
holding PTRN Founder Non-Voting Preferred Stock 18 Sep 2025 Common Stock or Founder Voting Preferred Stock 41,817,539 By Wright Irrevocable Trust F5, F6, F7, F8
holding PTRN Founder Non-Voting Preferred Stock 18 Sep 2025 Common Stock or Founder Voting Preferred Stock 27,176,014 By Alder Irrevocable Trust F5, F6, F7, F9
holding PTRN Founder Voting Preferred Stock 18 Sep 2025 Common Stock or Founder Non-Voting Preferred Stock 10,682,278 Direct F5, F6, F10
holding PTRN Founder Voting Preferred Stock 18 Sep 2025 Common Stock or Founder Non-Voting Preferred Stock 7,115,543 By spouse F4, F5, F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of Series A Common Stock (the "Offering"), each share of Common Stock shall be reclassified into one share of Series A Common Stock.
F2 These shares represent an award of restricted stock units ("RSUs") granted on September 9, 2024 under the Pattern Group Inc. 2019 Equity Incentive Plan (the "2019 Plan"). Such award vests upon satisfaction of both (i) a time-based condition, which provides that the RSUs shall vest in two equal annual installments following September 1, 2024 and (ii) a performance-based condition, which is satisfied upon the occurrence of a change in control of the Issuer or the consummation of an initial public offering of the Issuer's equity securities, subject to David K. Wright's continuous service relationship with the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock.
F3 These shares represent an award of RSUs granted on September 9, 2024 under the 2019 Plan. Such award vests upon satisfaction of both (i) a time-based condition, which provides that the RSUs shall vest in two equal annual installments following September 1, 2024 and (ii) a performance-based condition, which is satisfied upon the occurrence of a change in control of the Issuer or the consummation of an initial public offering of the Issuer's equity securities, subject to Melanie Alder's continuous service relationship with the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock.
F4 David K. Wright's spouse, Melanie Alder, is a director and the Chief Strategy Officer of the Issuer.
F5 Immediately prior to the completion of the Offering, pursuant to the terms of the Issuer's amended and restated certificate of incorporation as currently in effect (the "Charter"), all 13,215,614 outstanding shares of Series B Preferred Stock shall automatically convert into 32,129,234 shares of Common Stock, after giving effect to certain anti-dilution adjustments dependent on the Offering price. Each share of Series B Preferred Stock shall convert into a number of shares of Series A Common Stock determined by dividing the original issue price of such share by the lesser of (a) the original issue price of such share (subject to certain anti-dilution adjustments) and (b) 50% of the Offering price per share in the Offering (the "Series B Preferred Special Conversion Ratio").
F6 (Continued) If application of the Series B Preferred Special Conversion Ratio would dilute the Founder Voting Preferred Stock and the Founder Non-Voting Preferred Stock (collectively, the "Founder Preferred Stock") by more than 3.33%, the Charter provides for an increase in the number of shares of Common Stock issuable upon conversion of the Founder Preferred Stock (including the Series A Common Stock and Series B Common Stock issuable in the reclassification of the Founder Preferred Stock) such that the dilution to the Founder Preferred Stock will be capped at 3.33%; however, no adjustment will be made for any incremental dilution that exceeds 9.00% (the "Founder Preferred Stock Adjustments"). The shares of Founder Preferred Stock have no expiration date.
F7 Immediately prior to the completion of the Offering, each share of Founder Non-Voting Preferred Stock shall be reclassified into a number of shares of Series A Common Stock, after giving effect to the Founder Preferred Stock Adjustments.
F8 These shares are owned directly by the Wright Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 3 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F9 These shares are owned directly by the Alder Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 3 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F10 Immediately prior to the completion of the Offering, each share of Founder Voting Preferred Stock shall be reclassified into a number of shares of Series B Common Stock, after giving effect to the Founder Preferred Stock Adjustments.

Remarks:

Exhibit 24.1 - Power of Attorney for David K. Wright; Exhibit 24.2 - Power of Attorney for Melanie Alder; Exhibit 24.3 - Power of Attorney for the Wright Irrevocable Trust; and Exhibit 24.4 - Power of Attorney for the Alder Irrevocable Trust