4//SEC Filing
Reed Andrew Phillips 4
Accession 0001062993-25-013663
CIK 0001579878other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 8:05 PM ET
Size
46.1 KB
Accession
0001062993-25-013663
Insider Transaction Report
Form 4
Figma, Inc.FIG
Reed Andrew Phillips
Director
Transactions
- Conversion
Class A Common Stock
2025-08-01+6,503,880→ 7,544,850 total(indirect: By LLC) - Conversion
Class A Common Stock
2025-08-01+132,555→ 153,770 total(indirect: Sequoia Grove UK, L.P.) - Sale
Class A Common Stock
2025-08-01$31.52/sh−1,286,711$40,550,697→ 22,152,394 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.) - Conversion
Series Seed Preferred Stock
2025-08-01−1,079,864→ 0 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)→ Class A Common Stock (1,079,864 underlying) - Conversion
Series Seed Preferred Stock
2025-08-01−381,255→ 0 total(indirect: By LLC)→ Class A Common Stock (381,255 underlying) - Conversion
Series A Preferred Stock
2025-08-01−519,908→ 0 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)→ Class A Common Stock (519,908 underlying) - Sale
Class A Common Stock
2025-08-01$31.52/sh−414,182$13,052,946→ 7,130,668 total(indirect: By LLC) - Conversion
Series C Preferred Stock
2025-08-01−117,520→ 0 total(indirect: Sequoia Grove UK, L.P.)→ Class A Common Stock (117,520 underlying) - Conversion
Series D Preferred Stock
2025-08-01−470,660→ 0 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)→ Class A Common Stock (470,660 underlying) - Conversion
Series D Preferred Stock
2025-08-01−169,680→ 0 total(indirect: By LLC)→ Class A Common Stock (169,680 underlying) - Conversion
Series D Preferred Stock
2025-08-01−3,460→ 0 total(indirect: Sequoia Grove UK, L.P.)→ Class A Common Stock (3,460 underlying) - Conversion
Series E Preferred Stock
2025-08-01−1,190,325→ 0 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)→ Class A Common Stock (1,190,325 underlying) - Purchase
Class A Common Stock
2025-08-01$33.00/sh+60,000$1,980,000→ 60,000 total(indirect: Sequoia Capital US/E Expansion Fund I, L.P.) - Sale
Class A Common Stock
2025-08-01$31.52/sh−8,441$266,018→ 145,329 total(indirect: Sequoia Grove UK, L.P.) - Conversion
Series Seed Preferred Stock
2025-08-01−7,770→ 0 total(indirect: Sequoia Grove UK, L.P.)→ Class A Common Stock (7,770 underlying) - Conversion
Series A Preferred Stock
2025-08-01−186,705→ 0 total(indirect: By LLC)→ Class A Common Stock (186,705 underlying) - Conversion
Series A Preferred Stock
2025-08-01−3,805→ 0 total(indirect: Sequoia Grove UK, L.P.)→ Class A Common Stock (3,805 underlying) - Conversion
Series C Preferred Stock
2025-08-01−16,072,225→ 0 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)→ Class A Common Stock (16,072,225 underlying) - Conversion
Series C Preferred Stock
2025-08-01−5,766,240→ 0 total(indirect: By LLC)→ Class A Common Stock (5,766,240 underlying) - Conversion
Class A Common Stock
2025-08-01+19,332,982→ 23,439,105 total(indirect: Sequoia Capital U.S. Growth Fund VIII, L.P.)
Holdings
- 1,971,015(indirect: SC US/E Growth X Management, L.P.)
Class A Common Stock
- 1,077,911(indirect: SC U.S. Growth IX Management, L.P.)
Class A Common Stock
Footnotes (4)
- [F1]The Series Seed Preferred Stock, Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Class A Common stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.
- [F2]The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth IX Management, L.P., (ii) the general partner of SC US/E Growth X Management, L.P., (iii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. and (iv) the general partner of SC US/E Expansion Fund I Management, L.P, which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F3]The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F4]The reported purchase and sale transactions represent sales by the specified funds as selling stockholders in the Issuer's initial public offering and a purchase by Sequoia Capital US/E Expansion Fund I, L.P. of shares of common stock from the underwriters in the issuer's initial public offering.
Issuer
Figma, Inc.
CIK 0001579878
Entity typeother
Related Parties
1- filerCIK 0001990997
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 8:05 PM ET
- Size
- 46.1 KB