SEC Form 4 · accession 0000899243-18-025224
Eventbrite, Inc. · EB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lorrie M Norrington
Director
Period of report
Sep 24, 2018
Accepted (ET)
Sep 25, 2018 · 8:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001475115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Sep 24, 2018 | A | 2,447 | $0.00 | A | 2,447 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $23.00 | Sep 24, 2018 | A | 5,645 | A | — | Sep 18, 2028 | Class A Common Stock | 5,645 | 5,645 | D |
| Stock Option (Right to Buy)F3 | $6.65 | Sep 24, 2018 | J | 184,963 | D | — | May 6, 2025 | Common Stock | 184,963 | 0 | D |
| Stock Option (Right to Buy)F3,F4,F5 | $6.65 | Sep 24, 2018 | J | 184,963 | A | — | May 6, 2025 | Class B Common Stock | 184,963 | 184,963 | D |
| Stock Option (Right to Buy)F6 | $10.26 | Sep 24, 2018 | J | 50,000 | D | — | May 14, 2028 | Common Stock | 50,000 | 0 | D |
| Stock Option (Right to Buy)F6,F4,F5 | $10.26 | Sep 24, 2018 | J | 50,000 | A | — | May 14, 2028 | Class B Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1These shares represent restricted stock units (each, an "RSU"). Each RSU represents a contingent right to receive one share of Class A common stock. 100% of the shares underlying the RSUs vest on the earlier of (i) September 19, 2019 or (ii) the first annual meeting of stockholders of the Issuer, subject to the Reporting Person's continued service to the Issuer.
- F2100% of shares underlying the stock option vest and become exercisable on the earlier of (i) September 19, 2019 or (ii) the first annual meeting of stockholders of the Issuer, subject to the Reporting Person's continued service to the Issuer.
- F3The stock option was immediately exercisable as of the date of grant subject to a repurchase right in favor of the Issuer and vests in 48 equal monthly installments from May 7, 2015 through May 7, 2019, subject to the Reporting Person's continued service to the Issuer.
- F4Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into common stock, each share of common stock was reclassified into one share of Class B common stock in an exempt transaction pursuant to Rule 16b-7
- F5Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.
- F6The stock option was immediately exercisable as of the date of grant subject to a repurchase right in favor of the Issuer and vests in 48 equal monthly installments from May 15, 2018 through May 15, 2022, subject to the Reporting Person's continued service to the Issuer.