Figma (FIG) director Lilly gains 412,993 shares via Greylock distributions
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 412,993 shares
Net Buy
2 txns
Insider
Lilly III John Osborne
Role
Director
| 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 |
Holdings After Transaction:
Class A Common Stock — 469,090 shares (Indirect, By Trust);
Class A Common Stock — 19,240 shares (Direct)
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
Trust shares acquired: 406,168 shares
Direct shares acquired: 6,825 shares
Trust holdings after transaction: 469,090 shares
+2 more
5 metrics
Trust shares acquired
406,168 shares
Class A Common Stock received by revocable living trust via Greylock XIV and XIV-A distributions
Direct shares acquired
6,825 shares
Class A Common Stock received directly via Greylock XIV Principals pro rata distribution
Trust holdings after transaction
469,090 shares
Indirect Class A Common Stock held of record by revocable living trust
Direct holdings after transaction
19,240 shares
Direct Class A Common Stock held by John Osborne Lilly III
Restructuring shares total
412,993 shares
Total shares received in two restructuring-type transactions (code J)
Key Terms
pro rata distributions, revocable living trust, Rule 16a-9, transaction code J
4 terms
pro rata distributions financial
"Represents shares of Class A Common Stock received pursuant to pro rata distributions by Greylock"
revocable living trust financial
"These shares are held of record by a revocable living trust of which the Reporting Person"
Rule 16a-9 regulatory
"The distributions were made in accordance with the exemption afforded by Rule 16a-9"
transaction code J regulatory
"transaction_code": "J","transaction_type": "non-derivative""
FAQ
What insider transactions did Figma (FIG) director John Osborne Lilly III report?
John Osborne Lilly III reported two acquisitions of Figma Class A Common Stock totaling 412,993 shares, received through pro rata distributions from Greylock-related partnerships, categorized as restructuring-type transactions under code J.
What are John Osborne Lilly III’s Figma (FIG) holdings after these transactions?
After the reported transactions, a revocable living trust for which John Osborne Lilly III is trustee held 469,090 shares of Figma Class A Common Stock indirectly, and Lilly held an additional 19,240 shares directly in his own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.