of fiduciary duty or other wrongful acts as a director or executive officer, including claims relating to public securities matters, and to us with respect to payments that may be made by us to
these directors and executive officers pursuant to our indemnification obligations or otherwise as a matter of law.
Certain of our non-employee directors may, through their relationships with their employers, be insured and/or indemnified against certain liabilities incurred in their capacity as members of our board of directors.
The form of underwriting agreement for this initial public offering provides for indemnification by the underwriters of us and our officers and
directors who sign this registration statement for specified liabilities, including matters arising under the Securities Act of 1933, as amended (the “Securities Act”).
Item 15. Recent Sales of Unregistered Securities.
Since June 30, 2017, we made sales of the following unregistered securities:
Plan-Related Issuances
Since
June 30, 2017, we granted to our employees, consultants, and other service providers options to purchase an aggregate of 442,142 shares of our Class B common stock under our 2008 Equity Incentive Plan (“2008 Plan”), at exercise
prices ranging from $45.92 to $49.78 per share.
Since June 30, 2017, we issued and sold to our employees, consultants, and other service
providers an aggregate of 5,722,204 shares of our Class B common stock upon the exercise of stock options under our 2008 Plan, at exercise prices ranging from $0.0021 to $29.96 per share, for a weighted-average exercise price of $4.77 and
aggregate consideration of approximately $27.3 million.
Since June 30, 2017, we granted to our employees, consultants, and other
service providers options to purchase an aggregate of 9,783,676 shares of our Class B common stock under our 2018 Equity Incentive Plan (“2018 Plan”), at exercise prices ranging from $4.82 to $63.30 per share.
Since June 30, 2017, we issued and sold to our employees, consultants, and other service providers an aggregate of 10,938 shares of our
Class B common stock upon the exercise of stock options under our 2018 Plan, at exercise prices ranging from $4.82 to $52.70 per share, for a weighted-average exercise price of $19.41 and aggregate consideration of approximately
$0.2 million.
Since June 30, 2017, we granted to our employees, consultants, and other service providers options to purchase an
aggregate of 290,236 shares of our Class A common stock under our Hotel Tonight, Inc. 2011 Equity Incentive Plan (“2011 Plan”), at exercise prices ranging from $17.51 to $26.19 per share.
Since June 30, 2017, we issued and sold to our employees, consultants, and other service providers an aggregate of 32,204 shares of our
Class A common stock upon the exercise of stock options under our 2011 Plan, at exercise prices ranging from $17.51 to $26.19 per share, for a weighted-average exercise price of $22.73 and aggregate consideration of approximately
$0.7 million.
Since June 30, 2017, we granted to our employees, consultants, and other service providers restricted stock units,
representing an aggregate of 4,706,252 shares of our Class B common stock, under our 2008 Plan.
Since June 30, 2017, we granted to our
employees, consultants, and other service providers restricted stock units, covering an aggregate of 80,555,300 shares of our Class B common stock, under our 2018 Plan.
Since June 30, 2017, we granted to our employees, consultants, and other service providers restricted stock units, representing an aggregate of
56,552 shares of our Class A common stock, under our 2011 Plan.
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