Maplebear Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
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Item 9B. Other Information
During the quarter ended December 31, 2023, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated the Rule 10b5-1 trading arrangements (as defined in Item 408(a) of Regulation S-K) described below:
On November 21, 2023, Morgan Fong, General Counsel, adopted a trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Mr. Fong’s trading arrangement provides for the sale through February 25, 2025 of (i) up to 139,704 shares of our common stock; (ii) up to 123,304 shares of our common stock subject to restricted stock units previously awarded to Mr. Fong that may vest and be released to him on or prior to February 28, 2025; (iii) a number of shares of our common stock to satisfy tax withholding obligations arising from the exercise of up to 40,000 stock options previously awarded to Mr. Fong and exercisable on or prior to February 28, 2025, which number of shares is not yet determinable; and (iv) up to 220,680 shares of our common stock subject to stock options previously awarded to Mr. Fong and exercisable on or prior to February 28, 2025. The actual number of shares of our common stock that will be released to Mr. Fong upon the vesting of restricted stock units will be reduced by the number of shares withheld by us to satisfy tax withholding obligations arising from the vesting of such restricted stock units and is not yet determinable. The actual number of shares that may be sold pursuant to this trading arrangement is not yet determinable.
On November 22, 2023, Nick Giovanni, Chief Financial Officer and Treasurer, adopted a trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Mr. Giovanni’s trading arrangement provides for the sale through February 28, 2025 of up to 240,000 shares of our common stock.
On November 23, 2023, Fidji Simo, Chief Executive Officer and President, adopted a trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Ms. Simo’s trading arrangement provides for the sale through February 28, 2025 of up to 349,000 shares of our common stock.
On December 2, 2023, Asha Sharma, Chief Operating Officer, adopted a trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Ms. Sharma’s trading arrangement provides for the sale through March 31, 2025 of 148,116 shares of our common stock. As previously disclosed, Ms. Sharma has resigned from her position as our Chief Operating Officer, effective as of March 1, 2024.
On December 5, 2023, Alan Ramsay, Chief Accounting Officer, adopted a trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Mr. Ramsay’s trading arrangement provides for the sale through January 31, 2025 of (i) up to 65,163 shares of our common stock and (ii) up to 37,614 shares of our common stock subject to restricted stock units previously awarded to Mr. Ramsay that may vest and be released to him on or prior to January 31, 2025. The actual number of shares of our common stock that will be released to Mr. Ramsay upon the vesting of restricted stock units will be reduced by the number of shares withheld by us to satisfy tax withholding obligations arising from the vesting of such restricted stock units and is not yet determinable. The actual number of shares that may be sold pursuant to this trading arrangement is not yet determinable.
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