4//SEC Filing
Malhotra Rohan 4
Accession 0000950170-24-129703
CIK 0001868640other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:00 PM ET
Size
10.4 KB
Accession
0000950170-24-129703
Insider Transaction Report
Form 4
Roadzen Inc.RDZN
Malhotra Rohan
DirectorSee Remarks10% Owner
Transactions
- Purchase
Ordinary Shares
2024-11-19$0.83/sh+200$166→ 772,910 total - Purchase
Ordinary Shares
2024-11-20$0.81/sh+250$203→ 773,160 total
Holdings
- 17,138,213(indirect: See footnote)
Ordinary Shares
- 5,616,485
Ordinary Shares
- 45,854(indirect: See footnote)
Ordinary Shares
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.82 to $0.85, inclusive. The reporting person undertakes to provide to Roadzen Inc., any security holder of Roadzen Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Avacara Pte Ltd. ("Avacara") is the record holder of these ordinary shares. Mr. Malhotra is the majority shareholder and managing director of Avacara, a Singapore corporation with offices located at 14 Robinson Road, #12-01/02, Far East Finance Building, Singapore, 048545, and as such may be deemed to have beneficial ownership of the ordinary shares held directly by Avacara. Mr. Malhotra disclaims any beneficial ownership of the shares held by Avacara, except to the extent of his pecuniary interest therein.
- [F3]RM Securities LLC is the record holder of these ordinary shars. Mr. Malhotra is the sole member of RM Securities LLC and as such may be deemed to have beneficial ownership of the ordinary shares held directly by RM Securities LLC. Mr. Malhotra disclaims any beneficial ownership of the shares held by RM Securities LLC, except to the extent of his pecuniary interest therein.
- [F4]Represents ordinary shares underlying restricted stock units ("RSUs") issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). Each RSU represents the contingent right to receive one Issuer ordinary share. Each RSU fully vests on September 18, 2024, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
- [F5]The Forms 4s filed by the reporting person on September 3, 2024, September 9, 2024 and September 12, 2024, overstated the reporting person's beneficial ownership by 20,000 shares. The correct number of shares beneficially owned following the transaction on November 19, 2024 is reflected herein.
Documents
Issuer
Roadzen Inc.
CIK 0001868640
Entity typeother
Related Parties
1- filerCIK 0001979568
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 4:00 PM ET
- Size
- 10.4 KB