Sec Form 4 Filing - D1 Capital Partners L.P. @ Maplebear Inc. - 2023-09-21

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
D1 Capital Partners L.P.
2. Issuer Name and Ticker or Trading Symbol
Maplebear Inc. [ CART]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
9 WEST 57TH STREET, 36TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
09/21/2023
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 09/21/2023 C 4,929,074 A 6,857,551 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 1,126,930 A 7,984,481 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 1,079,905 A 9,064,386 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 26,017,127 A 35,081,513 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 1,039,675 A 36,121,188 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 500,000 A 36,621,188 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 C 120,000 A 36,741,188 I See footnotes ( 3 ) ( 4 )
Non-Voting Common Stock 09/21/2023 J( 2 ) 100,747 D 0 I See footnotes ( 3 ) ( 4 )
Common Stock 09/21/2023 J( 2 ) 100,747 A 36,841,935 I See footnotes ( 3 ) ( 4 )
Non-Voting Common Stock 09/21/2023 J( 2 ) 14,283 D 0 I See footnotes ( 4 ) ( 5 )
Common Stock 09/21/2023 J( 2 ) 14,283 A 14,283 I See footnotes ( 4 ) ( 5 )
Common Stock 09/21/2023 P 1,000,000 A $ 30 37,841,935 I See footnotes ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 Preferred Stock ( 1 ) 09/21/2023 C 4,929,074 ( 1 ) ( 1 ) Common Stock 4,929,074 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series C Preferred Stock ( 1 ) 09/21/2023 C 1,126,930 ( 1 ) ( 1 ) Common Stock 1,126,930 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series D Preferred Stock ( 1 ) 09/21/2023 C 1,079,905 ( 1 ) ( 1 ) Common Stock 1,079,905 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series F Preferred Stock ( 1 ) 09/21/2023 C 26,017,127 ( 1 ) ( 1 ) Common Stock 26,017,127 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series G Preferred Stock ( 1 ) 09/21/2023 C 1,039,675 ( 1 ) ( 1 ) Common Stock 1,039,675 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series H Preferred Stock ( 1 ) 09/21/2023 C 500,000 ( 1 ) ( 1 ) Common Stock 500,000 $ 0 0 I See footnotes ( 3 ) ( 4 )
Series I Preferred Stock ( 1 ) 09/21/2023 C 120,000 ( 1 ) ( 1 ) Common Stock 120,000 $ 0 0 I See footnotes ( 3 ) ( 4 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
D1 Capital Partners L.P.
9 WEST 57TH STREET
36TH FLOOR
NEW YORK, NY10019
X X See Remarks
Sundheim Daniel S.
C/O D1 CAPITAL PARTNERS L.P.
9 WEST 57TH STREET, 36TH FLOOR
NEW YORK, NY10019
X X
Signatures
D1 Capital Partners, L.P., by /s/ Amanda Hector, General Counsel and Chief Compliance Officer 09/25/2023
Signature of Reporting Person Date
/s/ Daniel S. Sundheim 09/25/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Immediately prior to the closing of the Issuer's initial public offering, each share of Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series F Preferred Stock, Series G Preferred Stock, Series H Preferred Stock and Series I Preferred Stock converted into shares of Common Stock on a 1:1 basis.
( 2 )Each share of Non-Voting Common Stock was automatically converted into one share of Common Stock in connection with the closing of the Issuer's initial public offering of common stock.
( 3 )This statement is filed by D1 Capital Partners L.P. (the "Investment Manager") and Daniel Sundheim ("Mr. Sundheim"). The foregoing persons are hereinafter sometimes referred to as the "Reporting Persons." The Investment Manager is a registered investment adviser and serves as the investment manager of private investment vehicles and accounts, including D1 Iconoclast Holdings LP ("D1 Iconoclast") and D1 Master Holdco I LLC ("D1 Master Holdco"), and as an investment consultant to certain private investment vehicles and accounts, including GCM Grosvenor IC SPV, LLC ("GCM IC") and GCM Grosvenor IC SPV 2, LLC ("GCM IC 2") and may be deemed to beneficially own the securities held by D1 Iconoclast, D1 Master Holdco, GCM IC, and GCM IC 2. Mr. Sundheim may be deemed to beneficially own the reported securities by virtue of the fact that Mr. Sundheim indirectly controls the Investment Manager.
( 4 )The filing of this statement should not be construed as an admission that any Reporting Person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of the securities reported except to the extent of its pecuniary interest therein.
( 5 )Represents restricted stock units ("RSUs") received by Mr. Sundheim. Certain of the RSUs remain subject to service-based vesting conditions. Mr. Sundheim may be deemed to hold the securities reported herein for the benefit of certain funds and accounts to which the Investment Manager serves as the investment manager or investment consultant.

Remarks:
The Investment Manager may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Mr. Sundheim currently serves on the board of directors of the Issuer.

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.