Christopher J. Jensen - 22 Apr 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Reporting relationship: CHIEF REVENUE OFFICER
Issuer ticker: IBTA
Reported as of: 22 Apr 2024
Net transaction value: -$2,288,000
SEC form: 4
Accepted by SEC: 22 Apr 2024, 16:05:38 UTC
Prior SEC filing: 17 Apr 2024
Next SEC filing: 07 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ David Shapiro, by power of attorney

Key filing fact

Christopher J. Jensen filed Form 4 for Ibotta, Inc. (IBTA) on 22 Apr 2024.

Key facts

This page summarizes Christopher J. Jensen's Form 4 filing for Ibotta, Inc. (IBTA).
13 reported transactions and 10 derivative rows are listed below.
Accepted by SEC: 22 Apr 2024, 16:05.

Change

Previous filing in this sequence was filed on 17 Apr 2024.
Current net transaction value: -$2,288,000.

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.

IBTA transaction

Common Stock

Other

Transaction value
Shares: -114,064
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Footnotes: F1

IBTA transaction

Class A Common Stock

Other

Transaction value
Shares: +114,064
Change %
Price
Shares after: 114,064
Date: 22 Apr 2024
Ownership: Direct
Footnotes: F1, F2

IBTA transaction

Class A Common Stock

Sale

Transaction value: $2,288,000
Shares: -26,000
Change %: -23%
Price: $88.00^*
Shares after: 88,064
Date: 22 Apr 2024
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

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

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: -34,059
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 34,059
Exercise price: $12.75
Footnotes: F1, F4

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: +34,059
Change %
Price
Shares after: 34,059
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 34,059
Exercise price: $12.75
Footnotes: F1, F4

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: -4,584
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,584
Exercise price: $8.30
Footnotes: F1, F5

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: +4,584
Change %
Price
Shares after: 4,584
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,584
Exercise price: $8.30
Footnotes: F1, F5

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: -9,792
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,792
Exercise price: $12.45
Footnotes: F1, F6

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: +9,792
Change %
Price
Shares after: 9,792
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 9,792
Exercise price: $12.45
Footnotes: F1, F6

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: -20,000
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,000
Exercise price: $19.25
Footnotes: F1, F7

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: +20,000
Change %
Price
Shares after: 20,000
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 20,000
Exercise price: $19.25
Footnotes: F1, F7

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: -80,000
Change %: -100%
Price
Shares after: 0
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 80,000
Exercise price: $10.40
Footnotes: F1, F8

IBTA transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares: +80,000
Change %
Price
Shares after: 80,000
Date: 22 Apr 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 80,000
Exercise price: $10.40
Footnotes: F1, F8

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO").

Footnote F2

Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.

Footnote F3

Pursuant to the IPO, on April 17, 2024, the Issuer, the selling stockholders named in the Underwriting Agreement (as defined below) and the underwriters of the IPO (the "Underwriters") entered into an Underwriting Agreement (the "Underwriting Agreement"). Pursuant to the Underwriting Agreement, the Reporting Person sold 26,000 shares of Class A Common Stock of the Issuer to the Underwriters at a per share sale price of $88.00. The per share sale price reported in this Form 4 does not reflect underwriting discounts.

Footnote F4

All of the shares subject to the option are fully vested and exercisable as of the date hereof.

Footnote F5

This option, originally for 10,000 shares of Common Stock, vested as to 1/48th of the shares on February 4, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.

Footnote F6

This option, originally for 10,000 shares of Common Stock, vested as to 1/48th of the shares on April 11, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.

Footnote F7

1/36th of the shares subject to the option vested on February 3, 2022 and 1/36th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.

Footnote F8

1/48th of the shares subject to the option vested on February 16, 2023 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.