SEC Form 4 · accession 0001209191-19-007727
Trade Desk, Inc. · TTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian John Stempeck
Officer — Chief Strategy Officer · Director
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 4:21 pm EST
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 Stock | Feb 4, 2018 | M | 7,793 | $30.15 | A | 57,262 | D | |
| Class A Common StockF2 | Feb 4, 2018 | S | 19,303 | $155.0125 | D | 37,959 | D | |
| Class A Common Stock | Feb 5, 2019 | M | 13,855 | $30.15 | A | 51,814 | D | |
| Class A Common StockF3 | Feb 5, 2019 | S | 13,855 | $155.0125 | D | 37,959 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $30.15 | Feb 4, 2019 | M | 7,793 | A | — | Dec 22, 2026 | Class A Common Stock | 7,793 | 35,507 | D |
| Employee Stock Option (Right to Buy)F4 | $30.15 | Feb 5, 2019 | M | 13,855 | A | — | Dec 22, 2026 | Class A Common Stock | 13,855 | 21,652 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.00 to $155.11, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.00 to $155.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The option was granted on December 23, 2016. The vesting commencement date ("VCD") is December 1, 2016. One forty-eighth (1/48th) of the shares subject to the option vest on each monthly anniversary of the VCD, subject to continued employment with the Issuer through the applicable vesting dates.