Hamid Mamoon Amjad 4

What Happened
Hamid Mamoon Amjad, reported as a 10% owner, recorded disposals of 5,809,800 and 190,200 shares of Figma Class A common stock (total 6,000,000 shares) at $0.00 on May 28, 2026, and a separate acquisition of 11,615 shares at $0.00. The disposals were pro rata distributions by Kleiner Perkins Caufield & Byers XVII, LLC and KPCB XVII Founders, made for no consideration to limited partners; the filing shows no cash proceeds from these transfers.

Key Details

• Transaction date: May 28, 2026; reported on Form 4 filed June 1, 2026 (timely within required period).
• Reported transaction type/code: "Other acquisition or disposition" (Code J) at $0.00 per share; total reported dollar value = $0 for the distributions.
• Shares disposed: 5,809,800 (KPCB XVII distribution) + 190,200 (KPCB XVII Founders distribution) = 6,000,000 shares. Shares acquired: 11,615 (held in a revocable trust per footnote).
• Shares held after transaction: filing does not state a consolidated post-transaction total; 11,615 shares are noted as held in a revocable trust (footnote F6).
• Notable footnotes: shares distributed pro rata by KPCB XVII/KPCB XVII Founders (F1, F4, F5); many shares are held in nominee name and managed via Kleiner Perkins entities with shared voting/dispositive control among managing members (F2, F3). Distributions relied on exemptions under Rules 16a-13 and/or 16a-9.

Context
These were fund-level pro rata distributions to limited partners, not open-market sales by an executive. Such distributions (no consideration transfers) are procedural and do not necessarily indicate insider sentiment about the company’s prospects. As a reported 10% owner associated with Kleiner Perkins entities, the filing mainly reflects allocation of shares from the funds to their partners rather than a classic buy/sell trade.