Hoffman Reid 4
4 · Aurora Innovation, Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Hoffman Reid
Director
Transactions
- Other
Private Placement Warrants
2025-02-21−8,900,000→ 0 total(indirect: See Footnote)Exercise: $11.50From: 2021-12-03Exp: 2026-11-03→ Class A Common Stock (8,900,000 underlying) - Other
Private Placement Warrants
2025-02-21+2,848,000→ 2,848,000 total(indirect: See Footnote)Exercise: $11.50From: 2021-12-03Exp: 2026-11-03→ Class A Common Stock (2,848,000 underlying)
Footnotes (3)
- [F1]On February 21, 2025, Reinvent Sponsor Y LLC (the "Sponsor") declared a distribution of 8,900,000 private placement warrants to its direct and indirect members for no consideration, with such distribution to be effective three trading days thereafter. Reprogrammed Interchange LLC ("Reprogrammed") will receive, directly and indirectly, 2,848,000 of the private placement warrants to be distributed by the Sponsor and will own those warrants directly upon effectiveness of the distribution.
- [F2]Reflects securities held directly by the Sponsor. The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
- [F3]Reflects securities held by Reprogrammed. The reporting person may be deemed a beneficial owner of securities held by Reprogrammed by virtue of his shared control over and indirect pecuniary interest in Reprogrammed. The reporting person disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.