Giovanni Nick 4
4 · Maplebear Inc. · Filed Feb 16, 2024
Insider Transaction Report
Form 4
Maplebear Inc.CART
Giovanni Nick
Chief Financial Officer
Transactions
- Exercise/Conversion
Performance Stock Units
2024-02-15−150,000→ 450,000 totalExp: 2027-12-07→ Common Stock (150,000 underlying) - Tax Payment
Common Stock
2024-02-15$27.33/sh−76,020$2,077,627→ 596,977 total - Tax Payment
Common Stock
2024-02-15$27.33/sh−11,939$326,293→ 547,001 total - Tax Payment
Common Stock
2024-02-15$27.33/sh−24,004$656,029→ 522,997 total - Exercise/Conversion
Common Stock
2024-02-15+150,000→ 672,997 total
Footnotes (6)
- [F1]Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock previously reported in Table 1. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]Includes 84,375 shares of restricted stock subject to the Issuer's right of repurchase.
- [F3]Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units previously reported in Table 1. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F4]Performance stock units convert to common stock on a one-for-one basis.
- [F5]Represents shares withheld to satisfy tax withholding obligations upon the settlement of performance stock units. This net settlement was approved by the Issuer's compensation committee pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F6]Each performance right represents a contingent right to receive one share of the Issuer's common stock. The initial performance condition was met, and 150,000 shares vested, upon the effectiveness of the Issuer's initial public offering and the remaining rights will vest upon the achievement of specified market valuations.