Sec Form 4 Filing - ICONIQ STRATEGIC PARTNERS II, L.P. @ ServiceTitan, Inc. - 2024-12-13

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
ICONIQ STRATEGIC PARTNERS II, L.P.
2. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ICONIQ CAPITAL, LLC, 50 BEALE STREET, STE. 2300
3. Date of Earliest Transaction (MM/DD/YY)
12/13/2024
(Street)
SAN FRANCISCO, CA94105
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
Class A Common Stock ( 1 ) 12/13/2024 C 1,499,778 A $ 0 2,099,760 I By ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series) ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 645,005 A $ 0 857,142 I By ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series) ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 3,704,694 A $ 0 5,097,608 I By ICONIQ Strategic Partners II, L.P.( ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 2,900,202 A $ 0 3,990,638 I By ICONIQ Strategic Partners II-B, L.P ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 848,442 A $ 0 910,622 I By ICONIQ Strategic Partners III, L.P. ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 906,570 A $ 0 973,006 I By ICONIQ Strategic Partners III-B, L.P. ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 147,163 A $ 0 247,163 I By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST) ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 111,891 A $ 0 111,891 I By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2) ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 339,414 A $ 0 522,470 I By ICONIQ Strategic Partners V, L.P. ( 2 ) ( 3 )
Class A Common Stock ( 1 ) 12/13/2024 C 455,191 A $ 0 700,688 I By ICONIQ Strategic Partners V-B, L.P. ( 2 ) ( 3 )
< td style="text-align: center;"> ( 4 ) ( 5 )
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-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 344,853 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 344,853 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series) ( 2 ) ( 3 )
Series B Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 1,154,925 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 1,154,925 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series) ( 2 ) ( 3 )
Series C Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 645,005 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 645,005 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series) ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 774,277 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 774,277 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II, L.P. ( 2 ) ( 3 )
Series B Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 2,591,188 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 2,591,188 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II, L.P. ( 2 ) ( 3 )
Series C Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 58,037 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 58,037 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II, L.P. ( 2 ) ( 3 )
Series D Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 281,192 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 281,192 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II, L.P. ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 606,144 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 606,144 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II-B, L.P. ( 2 ) ( 3 )
Series B Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 2,028,510 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 2,028,510 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II-B, L.P. ( 2 ) ( 3 )
Series C Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 45,431 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 45,431 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II-B, L.P. ( 2 ) ( 3 )
Series D Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 220,117 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 220,117 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners II-B, L.P. ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 1,287 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 1,287 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III, L.P. ( 2 ) ( 3 )
Series D Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 631,025 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 631,025 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III, L.P. ( 2 ) ( 3 )
Series E Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 216,130 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 216,130 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III, L.P. ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 1,376 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 1,376 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III-B, L.P. ( 2 ) ( 3 )
Series D Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 674,258 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 674,258 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III-B, L.P. ( 2 ) ( 3 )
Series E Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 230,936 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 230,936 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners III-B, L.P. ( 2 ) ( 3 )
Series F Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 139,764 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 147,163 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST) ( 2 ) ( 3 )
Series G Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 105,076 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 111,891 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2) ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 145,345 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 145,345 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V, L.P. ( 2 ) ( 3 )
Series F Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 119,400 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 125,721 ( 6 ) 0 I By ICONIQ Strategic Partners V, L.P. ( 2 ) ( 3 )
Series G Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 44,883 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 47,793 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V, L.P. ( 2 ) ( 3 )
Series H-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 20,202 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 20,555 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V, L.P. ( 2 ) ( 3 )
Series A-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 194,923 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 194,923 ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V-B, L.P. ( 2 ) ( 3 )
Series F Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 160,128 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 168,605 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V-B, L.P. ( 2 ) ( 3 )
Series G Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 60,192 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 64,096 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V-B, L.P. ( 2 ) ( 3 )
Series H-1 Preferred Stock ( 4 ) ( 5 ) 12/13/2024 C 27,094 ( 4 )( 5 ) ( 4 )( 5 ) Class A Common Stock ( 1 ) 27,567 ( 6 ) ( 4 ) ( 5 ) 0 I By ICONIQ Strategic Partners V-B, L.P. ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ICONIQ STRATEGIC PARTNERS II, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE STREET, STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ STRATEGIC PARTNERS II-B, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners II Co-Invest, L.P., Series ST
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners II Co-Invest, L.P. (Series ST-2)
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners III, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners III-B, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners V, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X < /td>
ICONIQ Strategic Partners V-B, L.P.
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST)
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2)
C/O ICONIQ CAPITAL, LLC
50 BEALE ST., STE. 2300
SAN FRANCISCO, CA94105
X
Signatures
ICONIQ Strategic Partners II, L.P., By: ICONIQ Strategic Partners II GP, L.P., By: ICONIQ Strategic Partners II TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners II-B, L.P., By: ICONIQ Strategic Partners II GP, L.P., By: ICONIQ Strategic Partners II TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners II Co-Invest, L.P. (Series ST) , By: ICONIQ Strategic Partners II GP, L.P., By: ICONIQ Strategic Partners II TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners II Co-Invest, L.P. (Series ST2) , By: ICONIQ Strategic Partners II GP, L.P., By: ICONIQ Strategic Partners II TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners III, L.P., By: ICONIQ Strategic Partners III GP, L.P., By: ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners III-B, L.P., By: ICONIQ Strategic Partners III GP, L.P., By: ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners V, L.P., By: ICONIQ Strategic Partners V GP, L.P., By: ICONIQ Strategic Partners V TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners V-B, L.P., By: ICONIQ Strategic Partners V GP, L.P., By: ICONIQ Strategic Partners V TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST), By: ICONIQ Strategic Partners V GP, L.P., By: ICONIQ Strategic Partners V TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2), By: ICONIQ Strategic Partners V GP, L.P., By: ICONIQ Strategic Partners V TT GP, Ltd., By: Kevin Foster, Title: Head of Strategy, /s/ Kevin Foster 12/17/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
( 2 )ICONIQ Strategic Partners II GP, L.P. ("ICONIQ GP II") is the sole general partner of ICONIQ Strategic Partners II, L.P., ICONIQ Strategic Partners II-B, L.P., ICONIQ Strategic Partners II Co-Invest, L.P. (ST Series) and ICONIQ Strategic Partners II Co-Invest, L.P. (ST-2 Series). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ Parent GP II") is the sole general partner of ICONIQ GP II. ICONIQ Strategic Partners III GP, L.P. ("ICONIQ GP III") is the sole general partner of ICONIQ Strategic Partners III, L.P. and ICONIQ Strategic Partners III-B, L.P. ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ Parent GP III") is the sole general partner of ICONIQ GP III. ICONIQ Strategic Partners V GP, L.P. ("ICONIQ GP V") is the sole general partner of ICONIQ Strategic Partners V, L.P., ICONIQ Strategic Partners V-B, L.P., ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST) and ICONIQ Strategic Partners V Co-Invest, L.P. (Series ST2).
( 3 )(continued) ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ Parent GP V") is the sole general partner of ICONIQ GP V. Divesh Makan and William J.G. Griffith are the sole equity holders of ICONIQ Parent GP II and ICONIQ Parent GP III and Messrs. Makan and Griffith and Matthew Jacobson are the sole equity holders of ICONIQ Parent GP V and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by these entities. Each of ICONIQ GP II, ICONIQ Parent GP II, ICONIQ GP III, ICONIQ Parent GP III, ICONIQ GP V, ICONIQ Parent GP V and Messrs. Makan, Griffith and Jacobson disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act or for any other purpose.
( 4 )Each share of Series A-1 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series F Preferred Stock automatically converted into Common Stock on an approximately 1:1.05 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date. Each share of Series G Preferred Stock automatically converted into Common Stock on an approximately 1:1.06 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
( 5 )(continued) Each share of Series H-1 Preferred Stock automatically converted into Common Stock on an approximately 1:1.02 basis immediately prior to the closing of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
( 6 )Reflects an adjustment to the conversion ratio in accordance with the terms of the preferred stock provided in the Issuer's Amended and Restated Certificate of Incorporation.

Remarks:
Due to the limitations of the SEC's electronic filing system, this Form 4 is being split into two filings to account for the number of reporting persons. In addition, William J.G. Griffith is separately filing a Form 4 reporting beneficial ownership of the securities reported herein

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.