David K. Wright - 12 Sep 2025 Form 4 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
12 Sep 2025
Net transactions value
-$1,534,764
Form type
4
Filing time
22 Sep 2025, 21:47:56 UTC
Next filing
18 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 22 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 22 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 22 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 22 Sep 2025 0002085975

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTRN Common Stock Tax liability $1,151,066 -82,219 -22% $14.00 292,781 18 Sep 2025 Direct F1, F2
transaction PTRN Common Stock Tax liability $383,698 -27,407 -22% $14.00 97,593 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
transaction PTRN Founder Non-Voting Preferred Stock Conversion of derivative security $0 -10,117,775 -100% $0.000000 0 12 Sep 2025 Common Stock or Founder Voting Preferred Stock 10,117,775 Direct F5, F6, F7, F8, F9, F10
transaction PTRN Founder Voting Preferred Stock Conversion of derivative security $0 +10,117,775 +1792% $0.000000 10,682,278 12 Sep 2025 Common Stock or Founder Non-Voting Preferred Stock 10,117,775 Direct F6, F7, F9, F10, F11, F12
transaction PTRN Founder Non-Voting Preferred Stock Conversion of derivative security $0 -6,739,201 -100% $0.000000 0 12 Sep 2025 Common Stock or Founder Voting Preferred Stock 6,739,201 By spouse F4, F5, F6, F7, F8, F9, F10
transaction PTRN Founder Voting Preferred Stock Conversion of derivative security $0 +6,739,201 +1791% $0.000000 7,115,543 12 Sep 2025 Common Stock or Founder Non-Voting Preferred Stock 6,739,201 By spouse F4, F6, F7, F9, F10, F11, F12
holding PTRN Founder Non-Voting Preferred Stock 41,817,539 12 Sep 2025 Common Stock or Founder Voting Preferred Stock 41,817,539 By Wright Irrevocable Trust F5, F6, F7, F8, F13
holding PTRN Founder Non-Voting Preferred Stock 27,176,014 12 Sep 2025 Common Stock or Founder Voting Preferred Stock 27,176,014 By Alder Irrevocable Trust F5, F6, F7, F8, F14
* 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 Represents shares of Common Stock withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to David K. Wright.
F3 Represents shares of Common Stock withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to Melanie Alder.
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, 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 (as defined below).
F6 Pursuant to the Issuer's amended and restated certificate of incorporation as in effect as of the transaction date (the "Pre-IPO Charter"), each share of Founder Non-Voting Preferred Stock is convertible into, subject to the Founder Preferred Stock Adjustments, (i) one share of Common Stock or (ii) in contemplation of an Offering, one share of Founder Voting Preferred Stock, at any time at the option of the holder.
F7 Immediately prior to the completion of the Offering, pursuant to the terms of the Pre-IPO Charter, all outstanding shares of Series B Preferred Stock shall automatically convert into a number of 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").
F8 (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 Pre-IPO 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.
F9 This transaction occurred prior to the Offering and is being reported on Form 4 solely for purposes of compliance with Rule 16a-2(a) under the Securities Exchange Act of 1934, as amended. The securities covered by such transaction were previously included on the Reporting Person's Form 3.
F10 Each share of Founder Non-Voting Preferred Stock converted into one share of Founder Voting Preferred Stock at the option of the holder.
F11 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.
F12 Pursuant to the Pre-IPO Charter, each share of Founder Voting Preferred Stock is convertible into, subject to the Founder Preferred Stock Adjustments, (i) one share of Common Stock or (ii) one share of Founder Non-Voting Preferred Stock, at any time at the option of the holder.
F13 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 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F14 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 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.