Kiran Kumar Choudary - Apr 24, 2024 Form 4 Insider Report for Rubrik, Inc. (RBRK)

Signature
/s/ Anne-Kathrin Lalendran, Attorney-in-Fact
Stock symbol
RBRK
Transactions as of
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 09:57 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBRK Restricted Stock Units Award $0 +50K $0.00 50K Apr 24, 2024 Class B Common Stock 50K Direct F1, F2
transaction RBRK Restricted Stock Units Award $0 +50K $0.00 50K Apr 24, 2024 Class B Common Stock 50K Direct F1, F3
transaction RBRK Restricted Stock Units Award $0 +3.34K $0.00 3.34K Apr 24, 2024 Class B Common Stock 3.34K Direct F1, F4
transaction RBRK Restricted Stock Units Award $0 +700K $0.00 700K Apr 24, 2024 Class B Common Stock 700K Direct F1, F5
transaction RBRK Restricted Stock Units Award $0 +50K $0.00 50K Apr 24, 2024 Class B Common Stock 50K Direct F1, F6
transaction RBRK Restricted Stock Units Award $0 +115K $0.00 115K Apr 24, 2024 Class B Common Stock 115K Direct F1, F7
transaction RBRK Restricted Stock Units Award $0 +550K $0.00 550K Apr 24, 2024 Class B Common Stock 550K Direct F1, F8
transaction RBRK Restricted Stock Units Award $0 +275K $0.00 275K Apr 24, 2024 Class B Common Stock 275K Direct F1, F9
transaction RBRK Restricted Stock Units Options Exercise $0 -24.7K -49.31% $0.00 25.3K Apr 25, 2024 Class B Common Stock 24.7K Direct F1, F2
transaction RBRK Restricted Stock Units Options Exercise $0 -24.7K -49.31% $0.00 25.3K Apr 25, 2024 Class B Common Stock 24.7K Direct F1, F3
transaction RBRK Restricted Stock Units Options Exercise $0 -1.65K -49.28% $0.00 1.69K Apr 25, 2024 Class B Common Stock 1.65K Direct F1, F4
transaction RBRK Restricted Stock Units Options Exercise $0 -302K -43.15% $0.00 398K Apr 25, 2024 Class B Common Stock 302K Direct F1, F5
transaction RBRK Restricted Stock Units Options Exercise $0 -24.7K -49.32% $0.00 25.3K Apr 25, 2024 Class B Common Stock 24.7K Direct F1, F6
transaction RBRK Restricted Stock Units Options Exercise $0 -28.4K -24.66% $0.00 86.6K Apr 25, 2024 Class B Common Stock 28.4K Direct F1, F7
transaction RBRK Restricted Stock Units Options Exercise $0 -37K -6.73% $0.00 513K Apr 25, 2024 Class B Common Stock 37K Direct F1, F8
transaction RBRK Restricted Stock Units Tax liability $0 -25.3K -100% $0.00* 0 Apr 25, 2024 Class B Common Stock 25.3K Direct F1, F2, F10
transaction RBRK Restricted Stock Units Tax liability $0 -25.3K -100% $0.00* 0 Apr 25, 2024 Class B Common Stock 25.3K Direct F1, F3, F10
transaction RBRK Restricted Stock Units Tax liability $0 -1.69K -100% $0.00* 0 Apr 25, 2024 Class B Common Stock 1.69K Direct F1, F4, F10
transaction RBRK Restricted Stock Units Tax liability $0 -310K -78.01% $0.00 87.5K Apr 25, 2024 Class B Common Stock 310K Direct F1, F5, F10
transaction RBRK Restricted Stock Units Tax liability $0 -25.3K -100% $0.00* 0 Apr 25, 2024 Class B Common Stock 25.3K Direct F1, F6, F10
transaction RBRK Restricted Stock Units Tax liability $0 -29.1K -33.64% $0.00 57.5K Apr 24, 2024 Class B Common Stock 29.1K Direct F1, F7, F10
transaction RBRK Restricted Stock Units Tax liability $0 -38K -7.41% $0.00 475K Apr 25, 2024 Class B Common Stock 38K Direct F1, F8, F10
transaction RBRK Class B Common Stock Options Exercise +443K 443K Apr 25, 2024 Class A Common Stock 443K Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Class B Common Stock.
F2 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/4 of the shares subject to the RSU vested on June 15, 2019, and 1/48 of the shares subject to the RSU vest every month thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F3 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on June 15, 2020, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F4 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/2 of the shares subject to the RSU vested on September 15, 2020, 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested on March 15, 2021, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F5 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on December 15, 2020, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F6 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/4 of the shares subject to the RSU vested on December 15, 2020, and 1/4 of the shares subject to the RSU vested every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F7 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 1/16 of the shares subject to the RSU vested on June 15, 2022, and 1/16 of the shares subject to the RSU vest every quarter thereafter, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F8 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 75,000 shares subject to the RSU vested on March 15, 2024, 125,000 shares subject to the RSU vest on March 15, 2025, 150,000 shares vest on March 15, 2026, and 200,000 shares vest on March 15, 2027, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F9 The shares of Class B Common Stock are to be acquired upon the vesting of an RSU award previously granted to the Reporting Person. The RSUs shall vest as follows: 10% of the shares subject to the RSU vest on March 15, 2025, 20% of the shares subject to the RSU vest on March 15, 2026, 35% of the shares subject to the RSU vest on March 15, 2027, and 35% of the shares subject to the RSU vest on March 15, 2028, and a liquidity event-based vesting condition which was satisfied upon the effectiveness of the registration statement on Form S-1 filed by the Issuer in connection with the Issuer's initial public offering, all subject to the Reporting Person continuing to have a Service Relationship (as defined in the Issuer's Amended and Restated 2014 Stock Option and Grant Plan).
F10 Represents the number of shares withheld by the Issuer in connection with the net settlement of the applicable RSUs prior to the open of trading on April 25, 2024, which settlement date was determined by the Issuer's board of directors, to satisfy the tax obligation realized upon vesting of such RSUs.
F11 Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.