Dylan Field - 30 Jun 2025 Form 4 Insider Report for Figma, Inc. (FIG)

Reporting relationship: President & CEO, Director, 10%+ Owner
Issuer ticker: FIG
Reported as of: 30 Jun 2025
Net transaction value: -$113,134,221
SEC form: 4
Accepted by SEC: 01 Aug 2025, 20:22:34 UTC
Next SEC filing: 30 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Brendan Mulligan, Attorney-in-Fact

Key filing fact

Dylan Field filed Form 4 for Figma, Inc. (FIG) on 01 Aug 2025.

Key facts

This page summarizes Dylan Field's Form 4 filing for Figma, Inc. (FIG).
7 reported transactions and 10 derivative rows are listed below.
Accepted by SEC: 01 Aug 2025, 20:22.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$113,134,221.

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

Reporting Owners (1)

CIK 0002073586 Primary reporting owner

Field Dylan

Relationship: President & CEO, Director, 10%+ Owner
Address: C/O FIGMA, INC., 760 MARKET STREET, FLOOR 10, SAN FRANCISCO
Signature: /s/ Brendan Mulligan, Attorney-in-Fact
Signature date: 01 Aug 2025

Reported derivative securities

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

FIG transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +14,480,169
Change %
Price: $0.000000
Shares after: 14,480,169
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 14,480,169
Exercise price
Footnotes: F1, F2, F3, F4

FIG transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +14,480,169
Change %
Price: $0.000000
Shares after: 14,480,169
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 14,480,169
Exercise price
Footnotes: F1, F2, F4, F5

FIG transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -811,896
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 811,896
Exercise price: $23.19
Footnotes: F6, F7, F8

FIG transaction Derivative

Class B Common Stock

Options Exercise

Transaction value: $18,830,304
Shares: +811,896
Change %: +2.6%
Price: $23.19
Shares after: 32,337,816
Date: 30 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 811,896
Exercise price
Footnotes: F9, F10

FIG transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -7,875,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 30 Jul 2025
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 7,875,000
Exercise price
Footnotes: F1, F11

FIG transaction Derivative

Class B Common Stock

Options Exercise

Transaction value: $0
Shares: +7,875,000
Change %: +24%
Price: $0.000000
Shares after: 40,212,816
Date: 30 Jul 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,875,000
Exercise price
Footnotes: F9

FIG transaction Derivative

Class B Common Stock

Tax liability

Transaction value: $131,964,525
Shares: -3,998,925
Change %: -9.9%
Price: $33.00
Shares after: 36,213,891
Date: 30 Jul 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,998,925
Exercise price
Footnotes: F9, F12

FIG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,135,325
Date: 30 Jun 2025
Ownership: By Trust
Underlying class: Class A Common Stock
Underlying amount: 1,135,325
Exercise price
Footnotes: F9, F13

FIG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,122,908
Date: 30 Jun 2025
Ownership: By Trust
Underlying class: Class A Common Stock
Underlying amount: 1,122,908
Exercise price
Footnotes: F9, F14

FIG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,754,517
Date: 30 Jun 2025
Ownership: See footnote
Underlying class: Class A Common Stock
Underlying amount: 15,754,517
Exercise price
Footnotes: F9, F15

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 15 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement

Footnote F2

This RSU represents an equity security previously reported on the Reporting Person's Form 3, which was acquired through an exempt transaction with the Issuer. The grant of this RSU occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Exchange Act in connection with the Issuer's initial public offering ("IPO"), and the transaction is reported herein pursuant to Rule 16a-2(a).

Footnote F3

The award vests as to (i) 10% of the total award on the first anniversary of July 1, 2025, (ii) 20% of the total award on each of the second, third, and fourth anniversaries of July 1, 2025, and (iii) 30% of the total award on the fifth anniversary of July 1, 2025, so long as the Reporting Person is in continuous service through each applicable vesting date as the Issuer's Chief Executive Officer or in certain other eligible positions as reasonably determined by the Compensation Committee in its good faith discretion.

Footnote F4

These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Footnote F5

The award is subject to certain service-based and stock price-based vesting conditions, with the stock price-based vesting condition comprised of seven tranches that are eligible to vest based on the achievement of certain specified stock price targets. The performance period for each tranche begins on the Issuer's IPO and ends on the earlier of (i) the tenth anniversary of the Issuer's IPO or (ii) the occurrence of a change in control (as defined in the agreement governing the award). As to any portion of the award that satisfies the stock price-based vesting condition, the service-based vesting condition will be satisfied in seven substantially equal installments on each of the first seven anniversaries of July 1, 2025, so long as the Reporting Person is in continuous service through each applicable vesting date as the Issuer's Chief Executive Officer or in certain other eligible positions as reasonably determined by the Compensation Committee in its good faith discretion.

Footnote F6

The stock option exercise occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Exchange Act in connection with the Issuer's IPO, and the transaction is reported herein pursuant to Rule 16a-2(a).

Footnote F7

The options are fully vested.

Footnote F8

The award will expire upon the earlier of (a) August 21, 2029 and (b) the date that is one year following the Issuer's IPO.

Footnote F9

Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.

Footnote F10

The issuance of shares of Class B Common Stock upon the exercise of stock options occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Exchange Act in connection with the Issuer's IPO, and the transaction is reported herein pursuant to Rule 16a-2(a).

Footnote F11

The award was granted subject to a performance-based vesting condition that was satisfied in connection with the Issuer's IPO, as well as a service-based vesting schedule. The original award, representing 11,250,000 RSUs, vested as to 10% of the total award on July 1, 2022, 20% of the total award on July 1, 2023, 30% of the total award on July 1, 2024, and 40% of the total award on July 1, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date. In May 2024, the Board of Directors modified the award to remove the performance-based vesting condition with respect to 3,375,000 RSUs for which the service-based vesting condition had been met as of the modification date, resulting in the settlement of such RSUs into shares of Class B common stock.

Footnote F12

The transaction represents the number of shares of Class B Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of RSUs.

Footnote F13

These shares are held by the Dylan Field 2024 Annuity Trust, of which the Reporting Person is trustee.

Footnote F14

These shares are held by the Field 2021 Descendants Trust, of which Bryn Mawr Trust Company of Delaware serves as trustee and may be replaced at the discretion of the Reporting Person.

Footnote F15

These shares are held of record by LLL Investments LLC which is associated with the Reporting Person.