SEC Form 4 · accession 0001144204-18-018727
Trade Desk, Inc. · TTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Falk
Director · 10% Owner
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 5:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001671933
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF3 | Mar 29, 2018 | C | 183,556 | $0.00 | A | 269,608 | I | Via Revel Venture Fund I, L.P. |
| Class A Common Stock | holding | — | — | — | 4,273 | D | ||
| Class A Common Stock | holding | — | — | — | 50,000 | I | Via eValue AG |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F1,F2 | — | Mar 29, 2018 | C | 183,556 | D | — | — | Class A Common Stock | 183,556 | 0 | I |
| Class B Common StockF1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 66,445 | 66,445 | I |
| Class B Common StockF1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 11,905 | 11,905 | I |
Explanation of responses
- F1Each share of Class B Common Stock has no expiration date and is convertible for no additional consideration into one (1) share of Class A Common Stock at the option of the holder thereof at any time. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's Amended and Restated Certificate of Incorporation in effect as of the date hereof.
- F2All shares of Class B Common Stock will convert automatically into shares of a Class A Common Stock upon the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock or (ii) a date specified by the holders of at least sixty-six and two-thirds percent (66.6%) of the outstanding shares of Class B Common Stock.
- F3The conversion of the Class B Common Stock into Class A Common Stock is converted at a fixed conversion price, at a one-for-one conversion rate, and is therefore exempt under Rule 16b-6(b).