| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 09/20/2016 | 3. Issuer Name and Ticker or Trading Symbol Trade Desk, Inc. [ TTD ] | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Seed Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 1,900,000(1) | (1) | I(4)(5) | By Founder Collective, L.P. |
| Series A-1 Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 1,360,546(1) | (1) | I(4)(5) | By Founder Collective, L.P. |
| Series A-2 Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 368,073(1) | (1) | I(4)(5) | By Founder Collective, L.P. |
| Seed Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 600,000(1) | (1) | I(4)(5) | By Founder Collective Entrepreneurs' Fund, LLC |
| Series A-1 Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 361,663(1) | (1) | I(4)(5) | By Founder Collective Entrepreneurs' Fund, LLC |
| Series A-2 Preferred Stock | (1) | (1) | Class B Common Stock(2)(3) | 97,840(1) | (1) | I(4)(5) | By Founder Collective Entrepreneurs' Fund, LLC |
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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| Explanation of Responses: |
| 1. The Seed Preferred Stock, Series A-1 Preferred Stock and Series A-2 Preferred Stock (collectively, the "Preferred Stock") will convert into shares of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering. The number of shares reported herein gives effect to the 1-for-3 reverse stock split effected by the Issuer and the resulting change to the conversion price for the Preferred Stock. The Preferred Stock does not have an expiration date. |
| 2. Each share of Class B Common Stock has no expiration date and is convertible for no additional consideration into one (1) share of Class A Common Stock at the option of the holder thereof at any time. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's Amended and Restated Certificate of Incorporation in effect as of the date hereof. |
| 3. All shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock or (ii) a date specified by the holders of at least sixty-six and two-thirds percent (66 2/3%) of the outstanding shares of Class B Common Stock. |
| 4. Founder Collective GP, LLC is the general partner (the "General Partner") of Founder Collective, L.P. ("Founder LP") and the managing member of Founder Collective Entrepreneurs' Fund, LLC ("Founder LLC," and together with the General Partner and Founder LP, the "Collective Entities"). David A. Frankel and Eric Paley, a member of the Issuer's Board of Directors, are the managing members of the General Partner and may be deemed to have shared voting and investment power over the shares held by the Collective Entities. Each of the General Partner and Messrs. |
| 5. Frankel and Paley in their respective capacities with regard to the General Partner, may be deemed to indirectly beneficially own the securities held by the Collective Entities, but disclaims ownership of these securities and this report shall not be deemed an admission that the any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein. |
| Remarks: |
| Exhibit 24.1 - Power of Attorney - Founder Collective GP, LLC Exhibit 24.2 - Power of Attorney - Founder Collective, L.P. Exhibit 24.3 - Power of Attorney - Founder Collective Entrepreneurs' Fund, LLC Exhibit 24.4 - Power of Attorney - David A. Frankel |
| /s/ Joseph DeFilippi, Attorney-in-Fact for Founder Collective GP, LLC | 09/20/2016 | |
| /s/ Joseph DeFilippi, Attorney-in-Fact for Founder Collective, L.P. | 09/20/2016 | |
| /s/ Joseph DeFilippi, Attorney-in-Fact for Founder Collective Entrepreneurs' Fund, LLC | 09/20/2016 | |
| /s/ Joseph DeFilippi, Attorney-in-Fact for David A. Frankel | 09/20/2016 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
