Figma director reports 412,993-share restructuring transfer
Figma, Inc. director John Osborne Lilly III reported acquiring Class A Common Stock through entity restructurings.
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Rhea-AI Filing Summary
Figma, Inc. director John Osborne Lilly III reported acquiring Class A Common Stock through entity restructurings. A revocable living trust for which he is a trustee received 406,168 shares via pro rata distributions from Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership, made under Rule 16a-9. He also directly received 6,825 shares via a pro rata distribution from Greylock XIV Principals. Following these transactions, the trust held 469,090 shares indirectly and Lilly held 19,240 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2 | 406,168 | $0.00 | $0.00 |
| Other | Class A Common Stock F3 | 6,825 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents shares of Class A Common Stock received pursuant to pro rata distributions by Greylock XIV Limited Partnership and Greylock XIV-A Limited Partnership to their respective partners. The distributions were made in accordance with the exemption afforded by Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
- F2. These shares are held of record by a revocable living trust of which the Reporting Person is a trustee.
- F3. Represents shares of Class A Common Stock received pursuant to a pro rata distribution by Greylock XIV Principals to its partners. The distribution was made in accordance with the exemption afforded by Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
Key Figures
Key Terms
pro rata distributions financial
revocable living trust financial
Rule 16a-9 regulatory
transaction code J regulatory
FAQ
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What insider transactions did Figma (FIG) director John Osborne Lilly III report?
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