Duncan Arne 4
4 · Pluralsight, Inc. · Filed Mar 8, 2019
Insider Transaction Report
Form 4
Duncan Arne
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2019-03-06−30,000→ 333,008 total→ Class A Common Stock (30,000 underlying) - Exercise/Conversion
Class A Common Stock
2019-03-06+30,000→ 50,000 total
Footnotes (2)
- [F1]Represents an exchange of Class B Common Stock on a one-for-one basis into shares of Class A Common Stock (the "Exchange"). The Exchange was made in connection with the Issuer's public offering of common stock described in the Issuer's Registration Statement on Form S-1 initially filed with the Securities and Exchange Commission on March 4, 2019 (the "Offering") and is permitted by the terms of the lock-up agreement entered into in conjunction with the Offering.
- [F2]The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof and (ii) only confer one-to-one voting rights on the holders thereof. Each share of Class B CommonStock is exchangeable for one share of Class A Common Stock at the option of the holder (for which the Issuer may substitute cash) and has no expiration date.