Nick Giovanni - 15 Feb 2024 Form 4 Insider Report for Maplebear Inc. (CART)

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: CART
Reported as of: 15 Feb 2024
Net transaction value: -$3,059,949
SEC form: 4
Accepted by SEC: 16 Feb 2024, 17:59:37 UTC
Prior SEC filing: 16 Nov 2023
Next SEC filing: 12 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Bradley Libuit, Attorney-in-Fact

Key filing fact

Nick Giovanni filed Form 4 for Maplebear Inc. (CART) on 16 Feb 2024.

Key facts

This page summarizes Nick Giovanni's Form 4 filing for Maplebear Inc. (CART).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Feb 2024, 17:59.

Change

Previous filing in this sequence was filed on 16 Nov 2023.
Current net transaction value: -$3,059,949.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CART transaction

Common Stock

Tax liability

Transaction value: $326,293
Shares: -11,939
Change %: -2.1%
Price: $27.33
Shares after: 547,001
Date: 15 Feb 2024
Ownership: Direct
Footnotes: F1, F2

CART transaction

Common Stock

Tax liability

Transaction value: $656,029
Shares: -24,004
Change %: -4.4%
Price: $27.33
Shares after: 522,997
Date: 15 Feb 2024
Ownership: Direct
Footnotes: F2, F3

CART transaction

Common Stock

Options Exercise

Transaction value
Shares: +150,000
Change %: +29%
Price
Shares after: 672,997
Date: 15 Feb 2024
Ownership: Direct
Footnotes: F2, F4

CART transaction

Common Stock

Tax liability

Transaction value: $2,077,627
Shares: -76,020
Change %: -11%
Price: $27.33
Shares after: 596,977
Date: 15 Feb 2024
Ownership: Direct
Footnotes: F2, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CART transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -150,000
Change %: -25%
Price: $0.000000
Shares after: 450,000
Date: 15 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 150,000
Exercise price
Footnotes: F4, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock previously reported in Table 1. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Footnote F2

Includes 84,375 shares of restricted stock subject to the Issuer's right of repurchase.

Footnote F3

Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported in Table 1. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Footnote F4

Performance stock units convert to common stock on a one-for-one basis.

Footnote F5

Represents shares withheld to satisfy tax withholding obligations upon the settlement of performance stock units. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Footnote F6

Each performance right represents a contingent right to receive one share of the Issuer's common stock. The initial performance condition was met, and 150,000 shares vested, upon the effectiveness of the Issuer's initial public offering and the remaining rights will vest upon the achievement of specified market valuations.