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Iconiq Strategic Partners II-B, L.P.'s Form 4 filing

Procore Technologies, Inc. (PCOR) · filed Nov 5, 2024

Accession no.
0000950170-24-121523
Filed
Nov 5, 2024, 4:30 PM ET
Trade date
Nov 2-4, 2024
Filing delay
3 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions. Open-market sales total $1.90M. It was filed 3 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Iconiq Strategic Partners II-B, L.P.CIK 000161968210% Owner
Iconiq Strategic Partners II, L.P.CIK 000161971010% Owner
ICONIQ Strategic Partners II Co-Invest, L.P., P SeriesCIK 000166088610% Owner
Makan DiveshCIK 000168814310% Owner
ICONIQ Strategic Partners II TT GP, LtdCIK 000170283110% Owner
ICONIQ Strategic Partners II GP, L.P.CIK 000170293210% Owner
Jacobson MatthewCIK 000178351810% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 2, 2024Common StockJOtherDisposed−766,624–F1–2,297,329Direct
Nov 2, 2024Common StockJOtherDisposed−571,596–F6–1,826,864Indirect
Nov 4, 2024Common StockSSaleDisposed−28,516$66.54F8−$1,897,511.671,798,348Indirect
Nov 2, 2024Common StockJOtherDisposed−284,172–F9–870,692Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

On November 2, 2024, ICONIQ Strategic Partners II, L.P. ("ICONIQ II") distributed, for no consideration, in the aggregate 766,624 shares of the Issuer's Common Stock (the "ICONIQ II Shares") to its limited partners and to ICONIQ Strategic Partners GP II, L.P. ("ICONIQ II GP"), representing each such partner's pro rata interest in such ICONIQ II Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Shares it received in the distribution by ICONIQ II to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Referenced by the price of 1 transaction in Table I.

F6

On November 2, 2024, ICONIQ II-B distributed, for no consideration, in the aggregate 571,596 shares of the Issuer's Common Stock (the "ICONIQ II-B Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II-B Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II-B Shares it received in the distribution by ICONIQ II-B to its partners, representing each such partner's pro rata interest in such ICONIQ II Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.23 to $67.03. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

Referenced by the price of 1 transaction in Table I.

F9

On November 2, 2024, ICONIQ II Co-Invest distributed, for no consideration, in the aggregate 284,172 shares of the Issuer's Common Stock (the "ICONIQ II Co-Invest Shares") to its limited partners and to ICONIQ II GP, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. On the same date, ICONIQ II GP distributed, for no consideration, the ICONIQ II Co-Invest Shares it received in the distribution by ICONIQ II Co-Invest to its partners, representing each such partner's pro rata interest in such ICONIQ II Co-Invest Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Exchange Act.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)