[Form 3] WEALTHFRONT CORP Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Wealthfront Corp insiders reported their initial beneficial ownership, highlighting significant indirect holdings tied to Tiger Global investment entities and Charles P. Coleman III. The filing shows indirect ownership of 3,972,747 shares of Wealthfront common stock, $0.0001 par value per share. It also lists Series G preferred stock convertible into 14,359,800 shares of common stock and Series G-1 preferred stock convertible into 3,829,242 shares of common stock, each convertible at any time at the holder’s election and with no expiration date. Both series will automatically convert into the same number of common shares upon the closing of Wealthfront’s initial public offering. The reporting persons mark their relationship to the issuer as director and expressly disclaim beneficial ownership beyond their pecuniary interest and state they do not form a “group” for Section 16 purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series G Preferred Stock | -- | -- | -- |
| holding | Series G-1 Preferred Stock | -- | -- | -- |
| holding | Common stock, $0.0001 par value per share ("Common Stock") | -- | -- | -- |
Footnotes (1)
- The securities of the Issuer are held by Tiger Global Private Investment Partners X, L.P. ("Tiger Global PIP X") and/or its related persons. Tiger Global PIP Performance X, L.P. ("Tiger Global PIP X GP") is the general partner of Tiger Global PIP X. Tiger Global PIP Management X, Ltd. is the general partner of Tiger Global PIP X GP. Tiger Global Management, LLC ("Tiger Global Management") serves as investment manager for Tiger Global PIP X. Tiger Global Management is controlled by Charles P. Coleman III. Each of the Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, if any, and affirmatively disclaim being a "group" for purposes of Section 16 of the Exchange Act, as amended. The Series G Preferred Stock is convertible at any time, at the holder's election into an equivalent number of shares of Common Stock, and has no expiration date. The shares of Series G Preferred Stock will automatically convert into an equivalent number of shares of the Issuer's Common Stock upon the closing of the Issuer's initial public offering. The Series G-1 Preferred Stock is convertible at any time, at the holder's election into an equivalent number of shares of Common Stock, and has no expiration date. The shares of Series G-1 Preferred Stock will automatically convert into an equivalent number of shares of the Issuer's Common Stock upon the closing of the Issuer's initial public offering.
