06/12/2025 | Press release | Distributed by Public on 06/12/2025 14:31
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
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 (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (RSU) | (1) | 06/10/2025 | M | 9,018 | (2) | (3) | Class A Common Stock | 9,018 | $ 0 | 0 | D | ||||
Restricted Stock Units (RSU) | (1) | 06/10/2025 | A | 106,707 | (4) | (3) | Class A Common Stock | 106,707 | $ 0 | 106,707 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Shah Niraj 420 TAYLOR STREET SAN FRANCISCO, CA 94102 |
X |
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person | 06/12/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
(2) | The entire RSU award vested or vests on the earlier of the (a) date of the 2025 annual meeting of the Issuer's stockholders or (b) June 18, 2025, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date. |
(3) | These RSUs do not expire; they either vest or are cancelled prior to the vesting date. |
(4) | The RSU award will vest on the earlier of (a) the date of the 2026 annual meeting of the Issuer's stockholders and (b) June 10, 2026, in each case, subject to the reporting person's continued service to the Issuer through the applicable vesting date. |