09/17/2024 | Press release | Distributed by Public on 09/17/2024 18:41
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Title of Derivate Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security | 8. Price of Derivative Security | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) | 11. Nature of Indirect Beneficial Ownership |
Code | V | (A) | (D) | Date Exercisable | Expriation Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lightspeed Management Company, L.L.C. 2200 SAND HILL ROAD MENLO PARK, CA94025 |
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Eggers Barry C/O LIGHTSPEED VENTURE PARTNERS 2200 SAND HILL ROAD MENLO PARK, CA94025 |
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X |
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Nieh Peter C/O LIGHTSPEED VENTURE PARTNERS 2200 SAND HILL ROAD MENLO PARK, CA94025 |
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X |
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Lightspeed Management Company, L.L.C., By /s/ Ravi Mhatre, Managing Member | 2024-09-17 |
**Signature of Reporting Person | Date |
/s/ Barry Eggers | 2024-09-17 |
**Signature of Reporting Person | Date |
/s/ Peter Nieh | 2024-09-17 |
**Signature of Reporting Person | Date |
(*) | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
(**) | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.10 to $30.32 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
(2) | Shares are held by Lightspeed Management Company, L.L.C. ("LMC"). Barry Eggers, Ravi Mhatre, and Peter Nieh are the managing members of LMC and share voting and dispositive power with respect to the shares held by LMC. Each of Messrs. Eggers and Nieh disclaims beneficial ownership of these shares except to the extent of his respective pecuniary interest therein. Mr. Mhatre is a director of the Issuer and files separate Section 16 reports. |
(3) | Barry Eggers serves as trustee of the general partner of Eggers Investments LP - Fund 2. |
(4) | Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 2. |
(5) | Peter Nieh serves as co-trustee of the general partner of Nieh Family Investments LP - Fund 4. |