Ravi Mhatre - 25 Mar 2025 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Mar 2025, 21:00:53 UTC
Prior SEC filing
17 Jan 2025
Next SEC filing
17 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ravi Mhatre

Key filing fact

Ravi Mhatre filed Form 4 for Rubrik, Inc. (RBRK) on 27 Mar 2025.

Key facts

  • This page summarizes Ravi Mhatre's Form 4 filing for Rubrik, Inc. (RBRK).
  • 34 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 27 Mar 2025, 21:00.

Change

  • Previous filing in this sequence was filed on 17 Jan 2025.
  • 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
+3,330,000
Change %
Price
$0.000000
Shares after
3,330,000
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners IX, L.P.
Footnotes
F1
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+774,000
Change %
Price
$0.000000
Shares after
774,000
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners Select II, L.P.
Footnotes
F2
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+1,504,000
Change %
Price
$0.000000
Shares after
1,504,000
Date
25 Mar 2025
Ownership
By Lightspeed SPV I, LLC
Footnotes
F3
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+1,083,000
Change %
Price
$0.000000
Shares after
1,083,000
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-B, LLC
Footnotes
F4
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+758,000
Change %
Price
$0.000000
Shares after
758,000
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-C, LLC
Footnotes
F5
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+304,978
Change %
Price
$0.000000
Shares after
304,978
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners X, L.P.
Footnotes
F6
RBRK transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+18,084
Change %
Price
$0.000000
Shares after
18,084
Date
25 Mar 2025
Ownership
By Lightspeed Affiliates X, L.P.
Footnotes
F7
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-3,330,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners IX, L.P.
Footnotes
F1, F8
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+869,963
Change %
Price
$0.000000
Shares after
869,963
Date
25 Mar 2025
Ownership
By Lightspeed General Partner IX, L.P.
Footnotes
F9, F10
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-869,963
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed General Partner IX, L.P.
Footnotes
F10, F11
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-774,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners Select II, L.P.
Footnotes
F2, F12
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+145,028
Change %
Price
$0.000000
Shares after
145,028
Date
25 Mar 2025
Ownership
By Lightspeed General Partner Select II, L.P.
Footnotes
F13, F14
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-145,028
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed General Partner Select II, L.P.
Footnotes
F14, F15
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-1,504,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed SPV I, LLC
Footnotes
F3, F16
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-1,083,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-B, LLC
Footnotes
F4, F17
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-758,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-C, LLC
Footnotes
F5, F18
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+224,063
Change %
Price
$0.000000
Shares after
224,063
Date
25 Mar 2025
Ownership
By LS SPV Management, LLC
Footnotes
F19, F20
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-224,063
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By LS SPV Management, LLC
Footnotes
F20, F21
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-304,978
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners X, L.P.
Footnotes
F6, F22
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+64,838
Change %
Price
$0.000000
Shares after
64,838
Date
25 Mar 2025
Ownership
By Lightspeed General Partner X, L.P.
Footnotes
F23, F24
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-64,838
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed General Partner X, L.P.
Footnotes
F24, F25
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-18,084
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed Affiliates X, L.P.
Footnotes
F7, F26
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+13,213
Change %
Price
$0.000000
Shares after
13,213
Date
25 Mar 2025
Ownership
By Lightspeed Management Company, L.L.C.
Footnotes
F27, F28, F29, F30
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+28,296
Change %
+12303%
Price
$0.000000
Shares after
28,526
Date
25 Mar 2025
Ownership
Direct
Footnotes
F31
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+110,080
Change %
+79%
Price
$0.000000
Shares after
250,101
Date
25 Mar 2025
Ownership
By Mhatre Investments LP - Fund 2
Footnotes
F27, F32
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+26,289
Change %
+118%
Price
$0.000000
Shares after
48,577
Date
25 Mar 2025
Ownership
By Mhatre Investments LP - Fund 3
Footnotes
F28, F29, F33
RBRK transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+649
Change %
Price
$0.000000
Shares after
649
Date
25 Mar 2025
Ownership
ByTrust
Footnotes
F34, F35

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
-3,330,000
Change %
-25%
Price
$0.000000
Shares after
9,989,816
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners IX, L.P.
Underlying class
Class A Common Stock
Underlying amount
3,330,000
Exercise price
Footnotes
F1, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-774,000
Change %
-25%
Price
$0.000000
Shares after
2,319,410
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners Select II, L.P.
Underlying class
Class A Common Stock
Underlying amount
774,000
Exercise price
Footnotes
F2, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-1,504,000
Change %
-25%
Price
$0.000000
Shares after
4,511,457
Date
25 Mar 2025
Ownership
By Lightspeed SPV I, LLC
Underlying class
Class A Common Stock
Underlying amount
1,504,000
Exercise price
Footnotes
F3, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-1,083,000
Change %
-25%
Price
$0.000000
Shares after
3,247,511
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-B, LLC
Underlying class
Class A Common Stock
Underlying amount
1,083,000
Exercise price
Footnotes
F4, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-758,000
Change %
-25%
Price
$0.000000
Shares after
2,273,358
Date
25 Mar 2025
Ownership
By Lightspeed SPV I-C, LLC
Underlying class
Class A Common Stock
Underlying amount
758,000
Exercise price
Footnotes
F5, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-304,978
Change %
-75%
Price
$0.000000
Shares after
101,659
Date
25 Mar 2025
Ownership
By Lightspeed Venture Partners X, L.P.
Underlying class
Class A Common Stock
Underlying amount
304,978
Exercise price
Footnotes
F6, F36
RBRK transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-18,084
Change %
-100%
Price
$0.000000
Shares after
0
Date
25 Mar 2025
Ownership
By Lightspeed Affiliates X, L.P
Underlying class
Class A Common Stock
Underlying amount
18,084
Exercise price
Footnotes
F7, F36
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 36 footnotes

Footnote F1

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. The Reporting Person is a director of LUGP IX and shares voting and dispositive power with respect to the shares held by Lightspeed IX. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F2

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. The Reporting Person is a director of LUGP Select II and shares voting and dispositive power with respect to the shares held by Lightspeed Select II. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F3

Shares are held by Lightspeed SPV I, LLC ("Lightspeed SPV I"). LS SPV Management, LLC ("LS SPV") is the manager of Lightspeed SPV I. The Reporting Person is a managing member of LS SPV and shares voting and dispositive power with respect to the shares held by Lightspeed SPV I. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F4

Shares are held by Lightspeed SPV I-B, LLC ("Lightspeed SPV I-B"). LS SPV is the manager of Lightspeed SPV I-B. The Reporting Person is a managing member of LS SPV and shares voting and dispositive power with respect to the shares held by Lightspeed SPV IB. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F5

Shares are held by Lightspeed SPV I-C, LLC ("Lightspeed SPV I-C"). LS SPV is the manager of Lightspeed SPV I-C. The Reporting Person is a managing member of LS SPV and shares voting and dispositive power with respect to the shares held by Lightspeed SPV IC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F6

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. The Reporting Person is a director of LUGP X and shares voting and dispositive power with respect to the shares held by Lightspeed X. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F7

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. The Reporting Person is a director of LUGP X and shares voting and dispositive power with respect to the shares held by Lightspeed Affiliates X. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F8

Represents an in-kind distribution by Lightspeed IX without consideration to its partners (including LGP IX).

Footnote F9

Represents receipt of shares in the distribution in kind described in footnote (8).

Footnote F10

Shares are held by LGP IX. LUGP IX is the general partner of LGP IX. The Reporting Person is a director of LUGP IX and shares voting and dispositive power with respect to the shares held by LGP IX. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F11

Represents an in-kind distribution by LGP IX without consideration to its partners.

Footnote F12

Represents an in-kind distribution by Lightspeed Select II without consideration to its partners (including LGP Select II).

Footnote F13

Represents receipt of shares in the distribution in kind described in footnote (12).

Footnote F14

Shares are held by LGP Select II. LUGP Select II is the general partner of LGP Select II. The Reporting Person is a director of LUGP Select II and shares voting and dispositive power with respect to the shares held by LGP Select II. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F15

Represents an in-kind distribution by LGP Select II without consideration to its partners.

Footnote F16

Represents an in-kind distribution by Lightspeed SPV I without consideration to its members.

Footnote F17

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

Footnote F18

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

Footnote F19

Represents receipt of shares in the distribution in kind described in footnote (16).

Footnote F20

Shares are held by LS SPV. The Reporting Person is a managing member of LS SPV and shares voting and dispositive power with respect to the shares held by LS SPV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F21

Represents an in-kind distribution by LS SPV without consideration to its members.

Footnote F22

Represents an in-kind distribution by Lightspeed X without consideration to its partners (including LGP X).

Footnote F23

Represents receipt of shares in the distribution in kind described in footnote (22).

Footnote F24

Shares are held by LGP X. LUGP X is the general partner of LGP X. The Reporting Person is a director of LUGP X and shares voting and dispositive power with respect to the shares held by LGP X. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F25

Represents an in-kind distribution by LGP X without consideration to its partners.

Footnote F26

Represents an in-kind distribution by Lightspeed Affiliates X without consideration to its partners.

Footnote F27

Represents receipt of shares in the distribution in kind described in footnote (11).

Footnote F28

Represents receipt of shares in the distribution in kind described in footnote (15).

Footnote F29

Represents receipt of shares in the distribution in kind described in footnote (25).

Footnote F30

Shares are held by Lightspeed Management Company, L.L.C. ("LMC"). The Reporting Person is a managing members of LMC and shares voting and dispositive power with respect to the shares held by LMC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F31

Represents receipt of shares in the distribution in kind described in footnote (21).

Footnote F32

The Reporting Person serves as trustee of the general partner of Mhatre Investments LP - Fund 2.

Footnote F33

The Reporting Person serves as trustee of the general partner of Mhatre Investments LP - Fund 3.

Footnote F34

Represents receipt of shares in the distribution in kind described in footnote (26).

Footnote F35

The Reporting Person is the trustee of the Mhatre 2011 Irrevocable Children's Trust.

Footnote F36

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.

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