Transaction Details

Footnotes

Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO"). | The shares are held of record by the 2012 Sanjay Beri and Ava Malla Revocable Trust for which the reporting person serves as trustee. | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder. | The shares of Class B Common Stock automatically convert to shares of Class A Common Stock on a 1:1 basis on or prior to September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation. | Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Common Stock. | The RSUs vest in 18 equal quarterly installments beginning on October 1, 2025. | Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock. | Each performance-based RSU, or PSU, represents a contingent right to receive one share of Issuer Common Stock. | The PSUs require the satisfaction of three vesting requirements in order for the PSUs to vest. The liquidity event requirement was satisfied upon the closing of the IPO. The service condition is satisfied in 48 equal monthly installments beginning on October 19, 2025. The market condition is satisfied upon the Issuer's achievement of certain market capitalization milestones: 1/3 of the PSUs vest upon the Issuer's achievement of each of a $10 billion market capitalization, $12.5 billion market capitalization, and $15 billion market capitalization. Market capitalization will be measured based on the highest 60-day trading average per share ending during the applicable month, as reasonably determined by the Issuer's board of directors or board committee. | Each PSU represents a contingent right to receive one share of Issuer Class B Common Stock. | The shares subject to the option are fully vested and immediately exercisable. | One-eighth of the shares subject to the option vested on September 17, 2025 and the remaining shares vest in 42 equal monthly installments thereafter.