Skates Spenser 4
4 · Amplitude, Inc. · Filed Sep 23, 2021
Insider Transaction Report
Form 4
Amplitude, Inc.AMPL
Skates Spenser
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-08-30−310,000→ 681,700 totalExercise: $4.19Exp: 2030-12-28→ Common Stock (310,000 underlying) - Gift
Class B Common Stock
2021-09-10−759,352→ 7,331,468 total→ Class A Common Stock (759,352 underlying) - Conversion
Class A Common Stock
2021-09-21+600,000→ 600,000 total - Sale
Class B Common Stock
2021-09-10$31.00/sh−290,322$8,999,982→ 7,041,146 total→ Class A Common Stock (290,322 underlying) - Exercise/Conversion
Class B Common Stock
2021-08-30+310,000→ 8,090,820 total→ Class A Common Stock (310,000 underlying) - Conversion
Class B Common Stock
2021-09-21−600,000→ 6,441,146 total→ Class A Common Stock (600,000 underlying)
Footnotes (5)
- [F1]The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will convert automatically into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the death or incapacity of the holder, (c) the date that is six months following the date on which the holder is no longer an employee or director of the Issuer (unless such holder has rejoined the Issuer during such six-month period) or (d) the date that is six months following the date on which none of the Issuer's founders is an employee or director of the Issuer (unless a founder has rejoined the Issuer during such six-month period).
- [F2]Transaction is being reported herein pursuant to Rule 16a-2(a).
- [F3]The option is early exercisable. 1/48th of the shares subject to the option vest on each monthly anniversary measured from January 1, 2021 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.
- [F4]In connection with the reclassification of the Issuer's Common Stock on August 30, 2021, each share of Common Stock held by the Reporting Person was automatically reclassified as Class B Common Stock.
- [F5]The securities were sold in a private secondary sale transaction.