Tim Chao-Ming Chen - Nov 8, 2021 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Bridgett Gatewood, Attorney-In-Fact for Tim Chao-Ming Chen
Stock symbol
NRDS
Transactions as of
Nov 8, 2021
Transactions value $
$0
Form type
4
Date filed
11/10/2021, 02:38 PM
Previous filing
Nov 3, 2021
Next filing
Mar 8, 2022

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 NRDS Class F Common Stock Conversion of derivative security -16.2M -100% 0 Nov 8, 2021 Class B Common Stock 16.2M By The Tim Chen Revocable Trust F1, F2
transaction NRDS Class F Common Stock Conversion of derivative security -4.41M -100% 0 Nov 8, 2021 Class B Common Stock 4.41M By The Seed Investor Irrevocable Remainder Trust F1, F3
transaction NRDS Class F Common Stock Conversion of derivative security -2.64M -100% 0 Nov 8, 2021 Class B Common Stock 2.64M By The Seed Investor Irrevocable Remainder Trust II F1, F4
transaction NRDS Class F Common Stock Conversion of derivative security -8.45M -100% 0 Nov 8, 2021 Class B Common Stock 8.45M By The Seed Investor 2021 Annuity Trust F1, F5
transaction NRDS Class B Common Stock Conversion of derivative security +16.2M 16.2M Nov 8, 2021 Class B Common Stock 16.2M By The Tim Chen Revocable Trust F2, F6
transaction NRDS Class B Common Stock Conversion of derivative security +4.41M 4.41M Nov 8, 2021 Class B Common Stock 4.41M By The Seed Investor Irrevocable Remainder Trust F3, F6
transaction NRDS Class B Common Stock Conversion of derivative security +2.64M 2.64M Nov 8, 2021 Class B Common Stock 2.64M By The Seed Investor Irrevocable Remainder Trust II F4, F6
transaction NRDS Class B Common Stock Conversion of derivative security +8.45M 8.45M Nov 8, 2021 Class B Common Stock 8.45M By The Seed Investor 2021 Annuity Trust F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At the closing of the initial public offering of the Issuer, the Class F Common Stock was reclassified and converted into Class B Common Stock on a one-for-one basis.
F2 These shares are held by The Tim Chen Revocable Trust u/a/d 3/11/2016, for which Mr. Chen serves as the trustee.
F3 These shares are held by The Seed Investor Irrevocable Remainder Trust u/a/d 3/11/2016, for which Mr. Chen serves as the trustee.
F4 These shares are held by The Seed Investor Irrevocable Remainder Trust II u/a/d 8/19/2019, for which Mr. Chen serves as the trustee.
F5 These shares are held by The Seed Investor 2021 Annuity Trust u/a/d 2/25/2021, for which Mr. Chen serves as the trustee.
F6 Each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock of the Issuer and has no expiration date.