Lightspeed SPV I-B, LLC - 15 Jan 2025 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
17 Jan 2025, 16:17:05 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Lightspeed SPV I-B, LLC, By: LS SPV Management, LLC, its Manager, By /s/ Ravi Mhatre, Managing Member

Key filing fact

Lightspeed SPV I-B, LLC filed Form 4 for Rubrik, Inc. (RBRK) on 17 Jan 2025.

Key facts

  • This page summarizes Lightspeed SPV I-B, LLC's Form 4 filing for Rubrik, Inc. (RBRK).
  • 6 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 17 Jan 2025, 16:17.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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.

RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+764,208
Change %
Price
$0.000000
Shares after
764,208
Date
15 Jan 2025
Ownership
Direct
Footnotes
F1
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+534,945
Change %
Price
$0.000000
Shares after
534,945
Date
15 Jan 2025
Ownership
By Lightspeed SPV I-C, LLC
Footnotes
F2
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-764,208
Change %
-100%
Price
$0.000000
Shares after
0
Date
15 Jan 2025
Ownership
Direct
Footnotes
F1, F3
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-534,945
Change %
-100%
Price
$0.000000
Shares after
0
Date
15 Jan 2025
Ownership
By Lightspeed SPV I-C, LLC
Footnotes
F2, F4
RBRK holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
56,736
Date
15 Jan 2025
Ownership
By Eggers Investments LP - Fund 2
Footnotes
F5
RBRK holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
140,021
Date
15 Jan 2025
Ownership
By Nieh Family Investments LP - Fund 2
Footnotes
F6
RBRK holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,715
Date
15 Jan 2025
Ownership
By Nieh Family Investments LP - Fund 4
Footnotes
F7

Reported derivative securities

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

RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-764,208
Change %
-15%
Price
$0.000000
Shares after
4,330,511
Date
15 Jan 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
764,208
Exercise price
Footnotes
F1, F8
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-534,945
Change %
-15%
Price
$0.000000
Shares after
3,031,358
Date
15 Jan 2025
Ownership
By Lightspeed SPV I-C, LLC
Underlying class
Class A Common Stock
Underlying amount
534,945
Exercise price
Footnotes
F2, F8
RBRK holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,319,816
Date
15 Jan 2025
Ownership
By Lightspeed Venture Partners IX, L.P.
Underlying class
Class A Common Stock
Underlying amount
13,319,816
Exercise price
Footnotes
F8, F9
RBRK holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,093,410
Date
15 Jan 2025
Ownership
By Lightspeed Venture Partners Select II, L.P.
Underlying class
Class A Common Stock
Underlying amount
3,093,410
Exercise price
Footnotes
F8, F10
RBRK holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,015,457
Date
15 Jan 2025
Ownership
By Lightspeed SPV I, LLC
Underlying class
Class A Common Stock
Underlying amount
6,015,457
Exercise price
Footnotes
F8, F11
RBRK holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
406,637
Date
15 Jan 2025
Ownership
By Lightspeed Venture Partners X, L.P.
Underlying class
Class A Common Stock
Underlying amount
406,637
Exercise price
Footnotes
F8, F12
RBRK holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
18,084
Date
15 Jan 2025
Ownership
By Lightspeed Affiliates X, L.P
Underlying class
Class A Common Stock
Underlying amount
18,084
Exercise price
Footnotes
F8, F13
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 13 footnotes

Footnote F1

Shares are held by Lightspeed SPV I-B, LLC ("Lightspeed SPV I-B"). LS SPV Management, LLC ("LS SPV") is the manager of Lightspeed SPV I-B. Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I-B. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F2

Shares are held by Lightspeed SPV I-C, LLC ("Lightspeed SPV I-C"). LS SPV is the manager of Lightspeed SPV I-C. Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I-C. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F3

Represents an in-kind distribution by Lightspeed SPV I-B without consideration to its limited partners.

Footnote F4

Represents an in-kind distribution by Lightspeed SPV I-C without consideration to its limited partners.

Footnote F5

Barry Eggers serves as trustee of the general partner of Eggers Investments LP - Fund 2.

Footnote F6

Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 2.

Footnote F7

Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 4.

Footnote F8

Each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is also convertible at any time at the option of the holder into one share of Class A Common Stock.

Footnote F9

Shares are held by Lightspeed Venture Partners IX, L.P. ("Lightspeed IX"). Lightspeed General Partner IX, L.P. ("LGP IX") is the general partner of Lightspeed IX. Lightspeed Ultimate General Partner IX, Ltd. ("LUGP IX") is the general partner of LGP IX. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP IX and share voting and dispositive power with respect to the shares held by Lightspeed IX. Each of LGP IX, LUGP IX and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F10

Shares are held by Lightspeed Venture Partners Select II, L.P. ("Lightspeed Select II"). Lightspeed General Partner Select II, L.P. ("LGP Select II") is the general partner of Lightspeed Select II. Lightspeed Ultimate General Partner Select II, Ltd. ("LUGP Select II") is the general partner of LGP Select II. Barry Eggers, Ravi Mhatre and Peter Nieh are the directors of LUGP Select II and share voting and dispositive power with respect to the shares held by Lightspeed Select II. Each of LGP Select II, LUGP Select II and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F11

Shares are held by Lightspeed SPV I, LLC ("Lightspeed SPV I"). LS SPV is the manager of Lightspeed SPV I. Barry Eggers, Ravi Mhatre and Peter Nieh are the managing members of LS SPV and share voting and dispositive power with respect to the shares held by Lightspeed SPV I. Each of LS SPV and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F12

Shares are held by Lightspeed Venture Partners X, L.P. ("Lightspeed X"). Lightspeed General Partner X, L.P. ("LGP X") is the general partner of Lightspeed X. Lightspeed Ultimate General Partner X, Ltd. ("LUGP X") is the general partner of LGP X. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP X and share voting and dispositive power with respect to the shares held by Lightspeed X. Each of LGP X, LUGP X and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

Footnote F13

Shares are held by Lightspeed Affiliates X, L.P. ("Lightspeed Affiliates X"). LGP X, is the general partner of Lightspeed Affiliates X. LUGP X is the general partner of LGP X. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP X and share voting and dispositive power with respect to the shares held by Lightspeed Affiliates X. Each of LGP X, LUGP X and Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports.

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