Kleiner Perkins entities shift Figma (FIG) holdings via pro rata distributions
Rhea-AI Filing Summary
Figma, Inc. director and 10% owner Mamoon Hamid reported internal restructuring transactions involving Class A Common Stock held through Kleiner Perkins investment entities and a family trust. Kleiner Perkins Caufield & Byers XVII, LLC distributed, for no consideration, 5,809,800 shares of Class A Common Stock to its limited partners as a pro rata distribution. KPCB XVII Founders Fund similarly distributed 190,200 shares for no consideration to its limited partners.
A revocable trust for which Hamid and his spouse are trustees received 11,615 shares in a pro rata distribution from KPCB XVII Founders, also for no consideration. These distributions were made under exemptions provided by Rules 16a-13 and 16a-9, and reflect reallocations among funds, partners, and a trust rather than open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 5,809,800 | $0.00 | -- |
| Other | Class A Common Stock | 190,200 | $0.00 | -- |
| Other | Class A Common Stock | 11,615 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- On May 28, 2026 Kleiner Perkins Caufield & Byers XVII, LLC ("KPCB XVII") distributed, for no consideration, 5,809,800 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares. These securities are held for convenience in the name of "KPCB Holdings, Inc., as nominee" for the accounts of these entities. The managing member of KPCB XVII and KPCB XVII Founders Fund, LLC ("KPCB XVII Founders") is KPCB XVII Associates, LLC ("KPCB XVII Associates"). Theodore E. Schlein, Beth Seidenberg, Mamoon Hamid and Ilya Fushman, the managing members of KPCB XVII Associates, exercise shared voting and dispositive control over the shares held by KPCB XVII and KPCB XVII Founders. Such managing members disclaim beneficial ownership of all shares held by KPCB XVII and KPCB XVII Founders except to the extent of their pecuniary interest therein. (Continued from footnote 2) The managing member of Kleiner Perkins Select Fund, LLC ("KP Select") and Kleiner Perkins Select Founders Fund, LLC ("KP Select Founders") is Kleiner Perkins Select Associates, LLC ("KP Select Associates"). Ilya Fushman and the Reporting Person, the managing members of KP Select Associates, exercise shared voting and dispositive control over the shares held by KP Select and KP Select Founders. Such managing members disclaim beneficial ownership of all shares held by KP Select and KP Select Founders except to the extent of their pecuniary interest therein. On May 28, 2026 KPCB XVII Founders distributed, for no consideration, 190,200 shares of the Issuer's Class A Common Stock to its limited partners representing each partner's pro rata interest in such shares. Represents shares of Class A Common Stock received pursuant to a pro rata distribution by KPCB XVII Founders, for no consideration, to its members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended. These shares of Class A Common Stock are held by a revocable trust of which the Reporting Person and his spouse are trustees.