July 31, 2025 · Form 4 insider transaction
KPCB XVI Associates, LLC sold 171,064 shares of AMBQ at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 0 days after the transaction.
The Series F Convertible Preferred Stock automatically converted immediately prior to the closing of the Issuer's initial public offering and had no expiration date. 171,064 outstanding shares of Series F Convertible Preferred Stock automatically converted into 194,618 shares of Common Stock.; All shares are held for convenience in the name of "KPCB Holdings, Inc., as nominee" for the accounts of such individuals and entities. The managing member of Kleiner Perkins Caufield & Byers XVI, LLC ("KPCB XVI") and KPCB XVI Founders Fund, LLC ("KPCB XVI Founders") is KPCB XVI Associates, LLC ("KPCB XVI Associates"). L. John Doerr, Beth Seidenberg, Randy Komisar, Theodore E. Schlein, and Wen Hsieh, the managing members of KPCB XVI Associates, exercise shared voting and dispositive control over the shares held by KPCB XVI and KPCB XVI Founders. Such managing members disclaim beneficial ownership of all shares held by KPCB XVI and KPCB XVI Founders except to the extent of their pecuniary interest therein.; Consists of 165,402 shares of Series F Convertible Preferred Stock held by KPCB XVI that automatically converted into 188,177 shares of Common Stock, and 5,662 shares of Series F Convertible Preferred Stock held by KPCB XVI Founders that automatically converted into 6,441 shares of Common Stock.