Canaan IX L.P. 3
3 · TheRealReal, Inc. · Filed Jun 27, 2019
Insider Transaction Report
Form 3
Canaan IX L.P.
10% Owner
Holdings
- 504,011
Common Stock
Series D Preferred Stock
→ Common Stock (895,290 underlying)Series G Preferred Stock
→ Common Stock (213,510 underlying)Series A Preferred Stock
→ Common Stock (3,699,136 underlying)Series C Preferred Stock
→ Common Stock (2,060,411 underlying)Series B Preferred Stock
→ Common Stock (1,107,412 underlying)Series E Preferred Stock
→ Common Stock (327,149 underlying)
Footnotes (2)
- [F1]Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series G Preferred Stock (collectively, the "Preferred Stock") will automatically be converted into one-half of one share of the Issuer's Common Stock ("Shares") immediately prior to the completion of the Issuer's initial public offering. The Preferred Stock has no expiration date.
- [F2]The shares are held directly by Canaan IX L.P. (the "Canaan Fund"). The sole general partner of the Canaan Fund is Canaan Partners IX LLC ("Canaan IX"), and may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Investment and voting decisions with respect to the shares held by the Canaan Fund are made by the managers of Canaan IX, collectively. Canaan IX disclaims Section 16 beneficial ownership of the securities held by the Canaan Fund, except to the extent of its pecuniary interest therein, if any.