Tomer Weingarten - 16 Jul 2024 Form 4 Insider Report for SentinelOne, Inc. (S)

Role
President, CEO, Director
Signature
/s/ Keenan Conder, Attorney-in-Fact
Issuer symbol
S
Transactions as of
16 Jul 2024
Net transactions value
-$1,623,281
Form type
4
Filing time
18 Jul 2024, 16:06:22 UTC
Previous filing
17 Jun 2024
Next filing
19 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction S Class A Common Stock Conversion of derivative security $58,838 +25,920 +2.3% $2.27 1,145,232 16 Jul 2024 Direct F1
transaction S Class A Common Stock Conversion of derivative security $340,355 +34,944 +3.1% $9.74 1,180,176 16 Jul 2024 Direct F1
transaction S Class A Common Stock Sale $1,328,497 -60,864 -5.2% $21.83 1,119,312 16 Jul 2024 Direct F2, F3, F4
transaction S Class A Common Stock Conversion of derivative security $592,815 +60,864 +5.4% $9.74 1,180,176 17 Jul 2024 Direct F1
transaction S Class A Common Stock Sale $1,286,793 -60,864 -5.2% $21.14 1,119,312 17 Jul 2024 Direct F2, F4, F5

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 S Stock Option (right to buy) Options Exercise $0 -25,920 -27% $0.000000 69,983 16 Jul 2024 Class B Common Stock 25,920 $2.27 Direct F6
transaction S Class B Common Stock Options Exercise $0 +25,920 +0.59% $0.000000 4,418,573 16 Jul 2024 Class A Common Stock 25,920 Direct F7, F8
transaction S Class B Common Stock Conversion of derivative security $0 -25,920 -0.59% $0.000000 4,392,653 16 Jul 2024 Class A Common Stock 25,920 Direct F7, F8
transaction S Employee Stock Option (right to buy) Options Exercise $0 -34,944 -0.67% $0.000000 5,182,242 16 Jul 2024 Class B Common Stock 34,944 $9.74 Direct F9
transaction S Class B Common Stock Options Exercise $0 +34,944 +0.8% $0.000000 4,427,597 16 Jul 2024 Class A Common Stock 34,944 Direct F7, F8
transaction S Class B Common Stock Conversion of derivative security $0 -34,944 -0.79% $0.000000 4,392,653 16 Jul 2024 Class A Common Stock 34,944 Direct F7, F8
transaction S Employee Stock Option (right to buy) Options Exercise $0 -60,864 -1.2% $0.000000 5,121,378 17 Jul 2024 Class B Common Stock 60,864 $9.74 Direct F9
transaction S Class B Common Stock Options Exercise $0 +60,864 +1.4% $0.000000 4,453,517 17 Jul 2024 Class A Common Stock 60,864 Direct F7, F8
transaction S Class B Common Stock Conversion of derivative security $0 -60,864 -1.4% $0.000000 4,392,653 17 Jul 2024 Class A Common Stock 60,864 Direct F7, F8
holding S Class B Common Stock 423,629 16 Jul 2024 Class A Common Stock 423,629 By Trust F7, F8, F10
* 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 Represents the number of shares that were acquired upon conversion of Class B common stock to Class A common stock.
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 11, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.29 to $22.205, inclusive. The reporting person undertakes to provide to 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 herein.
F4 Certain of the shares are subject to forfeiture to the Issuer if underlying vesting conditions are not met.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.865 to $21.57, inclusive. The reporting person undertakes to provide to 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 herein.
F6 The stock option vests and becomes exercisable in 48 equal monthly installments beginning on February 22, 2020, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F7 Each share of Class B common stock is convertible into one share of Class A common stock at any time and will convert automatically upon certain transfers and upon the earliest of (i) the date specified by a vote of the holders of 66 2/3% of the then outstanding shares of Class B common stock, (ii) seven years from the effective date of the Issuer's initial public offering ("IPO"), (iii) the first date following the IPO on which the number of shares of outstanding Class B common stock (including shares of Class B common stock subject to outstanding stock options) held by the reporting person, including certain entities that the reporting person controls, is less than 25% of the number of shares of Class B common stock (including shares of Class B common stock subject to outstanding stock options) that the reporting person originally held as of the date of the IPO,
F8 (continued from footnote 7) (iv) the date fixed by the Issuer's board of directors (the "Board"), following the date the reporting person is no longer providing services to the Issuer as an officer, employee, consultant or member of the Board, (v) the date fixed by the Board following the date, if applicable, on which the reporting person is terminated for cause, as defined in the Issuer's restated certificate of incorporation, and (vi) the date that is 12 months after the reporting person's death or disability, as those terms are defined in the Issuer's restated certificate of incorporation.
F9 The stock option vests and becomes exercisable in 60 equal monthly installments beginning on April 24, 2021, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F10 The securities reported in this row are held by an irrevocable trust over whose trustee the reporting person may exercise remove and replace powers. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.