Rodoni Philip 4
4 · Rubicon Technologies, Inc. · Filed Aug 31, 2022
Insider Transaction Report
Form 4
Rodoni Philip
Chief Technology Officer
Transactions
- Disposition to Issuer
Class V Common Stock
2022-08-29−791,733→ 545,036 total - Conversion
Class A Common Stock
2022-08-29+791,733→ 791,733 total - Conversion
Class B Units
2022-08-29−791,733→ 545,036 total→ Class A Common Stock (791,733 underlying)
Footnotes (2)
- [F1]On August 29, 2022, the Reporting Person exchanged 791,733 Class B Units of Rubicon Technologies Holdings, LLC for 791,733 shares of Class A Common Stock. In connection with the exchange, 791,733 shares of Class V Common Stock were automatically cancelled by the Issuer for no consideration.
- [F2]The Class B Units are exchangeable into cash and/or Class A Common Stock of the Issuer on a one-for-one basis (subject to adjustment) pursuant to the Eighth Amended and Restated Limited Liability Company Agreement of Rubicon Technologies Holdings, LLC. Upon exchange of a Class B Unit, a corresponding share of Class V Common Stock held by such exchanging holder will be automatically cancelled by the Issuer for no consideration.