SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Achadjian Nina

(Last) (First) (Middle)
C/O SERVICETITAN, INC.
800 N. BRAND BLVD., SUITE 100

(Street)
GLENDALE CA 91203

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/13/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock(1) 12/13/2024 C 1,719,620 A $0 1,967,972 I See footnote(2)(3)(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A-1 Preferred Stock (5) 12/13/2024 C 3,071 (5) (5) Class A Common Stock(1) 3,071 (5) 0 I See footnote(3)(4)(6)
Series D Preferred Stock (5) 12/13/2024 C 1,505,494 (5) (5) Class A Common Stock(1) 1,505,494 (5) 0 I See footnote(3)(4)(7)
Series E Preferred Stock (5) 12/13/2024 C 54,945 (5) (5) Class A Common Stock(1) 54,945 (5) 0 I See footnote(3)(4)(8)
Series F Preferred Stock (5) 12/13/2024 C 139,763 (5) (5) Class A Common Stock(1) 147,161(9) (5) 0 I See footnote(3)(4)(10)
Series G Preferred Stock (5) 12/13/2024 C 8,405 (5) (5) Class A Common Stock(1) 8,949(9) (5) 0 I See footnote(3)(4)(11)
Explanation of Responses:
1. Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
2. Consists of 1,682,758 shares of Class A Common Stock held by Index Ventures Growth IV (Jersey), L.P. ("Index Growth IV"), 248,429 shares of Class A Common Stock held by Index Ventures Growth V (Jersey), L.P. ("Index Growth V"), and 36,785 shares of Class A Common Stock held by Yucca (Jersey) SLP ("Yucca").
3. Index Ventures Growth Associates IV Limited ("IVGA IV") is the managing general partner of Index Growth IV and may be deemed to have voting and dispositive power over the shares held by such fund. Index Ventures Growth Associates V Limited ("IVGA V") is the managing general partner of Index Growth V and may be deemed to have voting and dispositive power over the shares held by such fund. Yucca is the administrator of Index co-investment vehicles that are contractually required to mirror the relevant funds' investment, and IVGA IV and IVGA V may be deemed to have voting and dispositive power over their respective allocations of shares held by Yucca. The Reporting Person is a partner within the Index Ventures group.
4. (continued) The Reporting Person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
5. Each share of Series A-1 Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series F Preferred Stock automatically converted into Common Stock on an approximately 1:1.05 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series G Preferred Stock automatically converted into Common Stock on an approximately 1:1.06 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
6. Consists of 3,019 shares of Series A-1 Preferred Stock held by Index Growth IV and 52 shares of Series A-1 Preferred Stock held by Yucca.
7. Consists of 1,479,901 shares of Series D Preferred Stock held by Index Growth IV and 25,593 shares of Series D Preferred Stock held by Yucca.
8. Consists of 54,011 shares of Series E Preferred Stock held by Index Growth IV and 934 shares of Series E Preferred Stock held by Yucca.
9. Reflects an adjustment to the conversion ratio in accordance with the terms of the preferred stock provided in the Issuer's Amended and Restated Certificate of Incorporation.
10. Consists of 135,571 shares of Series F Preferred Stock held by Index Growth V and 4,192 shares of Series F Preferred Stock held by Yucca.
11. Consists of 8,153 shares of Series G Preferred Stock held by Index Growth V and 252 shares of Series G Preferred Stock held by Yucca.
/s/ Olive Huang, Attorney-in-Fact 12/17/2024
** 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 4 (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.

ServiceTitan (NASDAQ:TTAN)
Historical Stock Chart
Von Nov 2024 bis Dez 2024 Click Here for more ServiceTitan Charts.
ServiceTitan (NASDAQ:TTAN)
Historical Stock Chart
Von Dez 2023 bis Dez 2024 Click Here for more ServiceTitan Charts.