Key facts
- This page summarizes GV 2016 GP, L.L.C.'s Form 4 filing for IonQ, Inc. (IONQ).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 12 Apr 2022, 18:12.
GV 2016 GP, L.L.C. - 11 Apr 2022 Form 4 Insider Report for IonQ, Inc. (IONQ)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- IONQ
- Reported as of
- 11 Apr 2022
- Net transaction value
- -$6,074,458
- SEC form
- 4
- Accepted by SEC
- 12 Apr 2022, 18:12:22 UTC
- Prior SEC filing
- 08 Apr 2022
- Next SEC filing
- 27 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Inga Goldbard, General Counsel of GV 2016 GP, L.L.C.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
GV 2016 GP, L.L.C. filed Form 4 for IonQ, Inc. (IONQ) on 12 Apr 2022.
Change
- Previous filing in this sequence was filed on 08 Apr 2022.
- Current net transaction value: -$6,074,458.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IONQ
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- -2,642,573
- Change %
- -15%
- Price
- $0.000000
- Shares after
- 14,707,933
- Date
- 11 Apr 2022
- Ownership
- By GV 2016, L.P.
- Footnotes
- F1, F2
IONQ
transaction
Common Stock
Sale
- Transaction value
- $6,015,412
- Shares
- -539,257
- Change %
- -99%
- Price
- $11.16
- Shares after
- 4,992
- Date
- 11 Apr 2022
- Ownership
- By Alphabet Holdings LLC
- Footnotes
- F3, F4, F5
IONQ
transaction
Common Stock
Sale
- Transaction value
- $59,046
- Shares
- -4,992
- Change %
- -100%
- Price
- $11.83
- Shares after
- 0
- Date
- 11 Apr 2022
- Ownership
- By Alphabet Holdings LLC
- Footnotes
- F3, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
GV 2016 GP, L.L.C. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
The reported transaction represents a pro rata in-kind distribution by GV 2016, L.P. (the "Partnership"), including an aggregate 544,249 shares distributed to the Partnership's affiliate, Alphabet Holdings LLC ("Alphabet Holdings").
Footnote F2
The securities reported in this row are directly held by the Partnership. The general partner of the Partnership is GV 2016 GP, L.P. (the "GP"). The general partner of the GP is GV 2016 GP, L.L.C. ("GV 2016 LLC"). The sole managing member of GV 2016 LLC is Alphabet Holdings. The sole managing member of Alphabet Holdings is XXVI Holdings Inc. ("XXVI"). The sole controlling stockholder of XXVI is Alphabet Inc. Each of the GP, GV 2016 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. may be deemed to have voting and investment discretion over the securities directly beneficially owned by the Partnership. Each of the aforementioned parties disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
Footnote F3
Represents the sale of securities received by Alphabet Holdings through an in-kind distribution, which sale is exempt, without limitation, pursuant to Rule 16a-9(a).
Footnote F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.775 to $11.77, inclusive. The reporting persons undertake to provide to IonQ, Inc., any security holder of IonQ, Inc., 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 ranges reported in Rows 2 and 3 of this Form 4.
Footnote F5
The securities reported in this row were directly held by Alphabet Holdings at the time of sale. As noted in footnote 2 above, XXVI is the sole member of Alphabet Holdings and Alphabet Inc. is the sole controlling stockholder of XXVI. Each of XXVI and Alphabet may be deemed to have voting and investment discretion over securities directly beneficially owned by Alphabet Holdings. Each of the aforementioned entities disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.78 to $11.85, inclusive.
SEC remarks
As a result of the transactions reported in this Form 4, the reporting persons ceased to be members of a 10 percent owner group and will therefore no longer be subject to reporting obligations under Section 16 of the Securities Exchange Act of 1934.