Kevin Michael Schubert - 15 Dec 2023 Form 4 Insider Report for Rubicon Technologies, Inc. (RBTC)

Signature
/s/ Kevin Schubert
Issuer symbol
RBTC
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
19 Dec 2023, 18:15:51 UTC
Previous filing
14 Jun 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBT Class A Common Stock Options Exercise +278,571 +887% 309,978 15 Dec 2023 Direct F1

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 RBT Restricted Stock Unit Options Exercise $0 -278,571 -100% $0.000000* 0 15 Dec 2023 Common stock 278,571 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") granted to the reporting person convert into a contingent right to receive one share of Class A common stock of the Issuer.
F2 On June 12, 2023 the Reporting Person was granted 278,571 RSUs that vested in full on December 15, 2023. The number of RSUs reflect the Issuer's reverse stock split of its outstanding shares of voting common stock at a ratio of one-for-eight on September 16, 2023.