Christopher J. Jensen - 22 Apr 2024 Form 4 Insider Report for Ibotta, Inc. (IBTA)

Role
CHIEF REVENUE OFFICER
Signature
/s/ David Shapiro, by power of attorney
Issuer symbol
IBTA
Transactions as of
22 Apr 2024
Net transactions value
-$2,288,000
Form type
4
Filing time
22 Apr 2024, 16:05:38 UTC
Previous filing
17 Apr 2024
Next filing
07 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBTA Common Stock Other -114,064 -100% 0 22 Apr 2024 Direct F1
transaction IBTA Class A Common Stock Other +114,064 114,064 22 Apr 2024 Direct F1, F2
transaction IBTA Class A Common Stock Sale $2,288,000 -26,000 -23% $88.00* 88,064 22 Apr 2024 Direct F2, F3

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 IBTA Employee Stock Option (right to buy) Other -34,059 -100% 0 22 Apr 2024 Common Stock 34,059 $12.75 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other +34,059 34,059 22 Apr 2024 Class A Common Stock 34,059 $12.75 Direct F1, F4
transaction IBTA Employee Stock Option (right to buy) Other -4,584 -100% 0 22 Apr 2024 Common Stock 4,584 $8.30 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other +4,584 4,584 22 Apr 2024 Class A Common Stock 4,584 $8.30 Direct F1, F5
transaction IBTA Employee Stock Option (right to buy) Other -9,792 -100% 0 22 Apr 2024 Common Stock 9,792 $12.45 Direct F1, F6
transaction IBTA Employee Stock Option (right to buy) Other +9,792 9,792 22 Apr 2024 Class A Common Stock 9,792 $12.45 Direct F1, F6
transaction IBTA Employee Stock Option (right to buy) Other -20,000 -100% 0 22 Apr 2024 Common Stock 20,000 $19.25 Direct F1, F7
transaction IBTA Employee Stock Option (right to buy) Other +20,000 20,000 22 Apr 2024 Class A Common Stock 20,000 $19.25 Direct F1, F7
transaction IBTA Employee Stock Option (right to buy) Other -80,000 -100% 0 22 Apr 2024 Common Stock 80,000 $10.40 Direct F1, F8
transaction IBTA Employee Stock Option (right to buy) Other +80,000 80,000 22 Apr 2024 Class A Common Stock 80,000 $10.40 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO").
F2 Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 Pursuant to the IPO, on April 17, 2024, the Issuer, the selling stockholders named in the Underwriting Agreement (as defined below) and the underwriters of the IPO (the "Underwriters") entered into an Underwriting Agreement (the "Underwriting Agreement"). Pursuant to the Underwriting Agreement, the Reporting Person sold 26,000 shares of Class A Common Stock of the Issuer to the Underwriters at a per share sale price of $88.00. The per share sale price reported in this Form 4 does not reflect underwriting discounts.
F4 All of the shares subject to the option are fully vested and exercisable as of the date hereof.
F5 This option, originally for 10,000 shares of Common Stock, vested as to 1/48th of the shares on February 4, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F6 This option, originally for 10,000 shares of Common Stock, vested as to 1/48th of the shares on April 11, 2021 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F7 1/36th of the shares subject to the option vested on February 3, 2022 and 1/36th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F8 1/48th of the shares subject to the option vested on February 16, 2023 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.