SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Achadjian Nina

(Last) (First) (Middle)
C/O SERVICETITAN, INC.
800 N. BRAND BLVD., SUITE 100

(Street)
GLENDALE CA 91203

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/11/2024
3. Issuer Name and Ticker or Trading Symbol
ServiceTitan, Inc. [ TTAN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
checkbox checked Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checked Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1) 248,352 I See footnote(2)(3)(4)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A-1 Preferred Stock (5) (5) Common Stock(1) 3,071 (5) I See footnote(3)(4)(6)
Series D Preferred Stock (7) (7) Common Stock(1) 1,505,494 (7) I See footnote(3)(4)(8)
Series E Preferred Stock (9) (9) Common Stock(1) 54,945 (9) I See footnote(3)(4)(10)
Series F Preferred Stock (11) (11) Common Stock(1) 142,736 (11) I See footnote(3)(4)(12)
Series G Preferred Stock (13) (13) Common Stock(1) 8,636 (13) I See footnote(3)(4)(14)
Explanation of Responses:
1. Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class A Common Stock.
2. Consists of 145,827 shares of Common Stock held by Index Ventures Growth IV (Jersey), L.P. ("Index Growth IV"), 97,000 shares of Common Stock held by Index Ventures Growth V (Jersey), L.P. ("Index Growth V"), and 5,525 shares of Common Stock held by Yucca (Jersey) SLP ("Yucca").
3. Index Ventures Growth Associates IV Limited ("IVGA IV") is the managing general partner of Index Growth IV and may be deemed to have voting and dispositive power over the shares held by such fund. Index Ventures Growth Associates V Limited ("IVGA V") is the managing general partner of Index Growth V and may be deemed to have voting and dispositive power over the shares held by such fund. Yucca is the administrator of Index co-investment vehicles that are contractually required to mirror the relevant funds' investment, and IVGA IV and IVGA V may be deemed to have voting and dispositive power over their respective allocations of shares held by Yucca. The Reporting Person is a partner within the Index Ventures group.
4. (continued) The Reporting Person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
5. Each share of Series A-1 Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
6. Consists of 3,019 shares of Series A-1 Preferred Stock held by Index Growth IV and 52 shares of Series A-1 Preferred Stock held by Yucca.
7. Each share of Series D Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
8. Consists of 1,479,901 shares of Series D Preferred Stock held by Index Growth IV and 25,593 shares of Series D Preferred Stock held by Yucca.
9. Each share of Series E Preferred Stock shall automatically convert into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date.
10. Consists of 54,011 shares of Series E Preferred Stock held by Index Growth IV and 934 shares of Series E Preferred Stock held by Yucca.
11. Each share of Series F Preferred Stock shall automatically convert into Common Stock on an approximately 1:1.02 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date. The shares of Series F Preferred Stock reported in Table II above are reported on an as-converted basis. The conversion rate is subject to adjustment as provided in the Issuer's Amended and Restated Certificate of Incorporation.
12. Consists of 138,455 shares of Series F Preferred Stock held by Index Growth V and 4,281 shares of Series F Preferred Stock held by Yucca.
13. Each share of Series G Preferred Stock shall automatically convert into Common Stock on an approximately 1:1.03 basis immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and has no expiration date. The shares of Series G Preferred Stock reported in Table II above are reported on an as-converted basis. The conversion rate is subject to adjustment as provided in the Issuer's Amended and Restated Certificate of Incorporation.
14. Consists of 8,378 shares of Series G Preferred Stock held by Index Growth V and 258 shares of Series G Preferred Stock held by Yucca.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Olive Huang, Attorney-in-Fact 12/11/2024
** Signature of Reporting Person Date
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 5 (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.
EX-24

 

SECTION 16 AND FORM 144
POWER OF ATTORNEY

December 2, 2024

With respect to holdings of and transactions in securities issued by ServiceTitan, Inc. (the “Company”), the undersigned hereby constitutes and appoints the individuals named on Schedule A attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:

 

1.
execute for and on behalf of the undersigned, Schedules 13D and 13G in accordance with Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder, and Forms 3, 4, and 5 in accordance with Section 16 of the Exchange Act and the rules thereunder, and Notices of Proposed Sale of Securities Pursuant to Rule 144 (“Form 144”), in accordance with the requirements of Rule 144 under the Securities Act of 1933, as amended (the “Securities Act”); and

 

2.
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5, and Form 144, complete and execute any amendment or amendments thereto, and to timely file such Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5, and Form 144, as applicable, and any amendment thereto, with the United States Securities and Exchange Commission and any stock exchange or similar authority.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.

 

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 13 and Section 16 of the Exchange Act, or Rule 144 under the Securities Act.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file any Schedule 13D,Schedule 13G, Form 3, Form 4, Form 5, and Form 144 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of the date first set forth above.

 

/s/ Nina Achadjian

 

Nina Achadjian

 

 

 

 


 

Schedule A

 

INDIVIDUALS APPOINTED AS ATTORNEY-IN-FACT,

WITH FULL POWER OF SUBSTITUTION AND RESUBSTITUTION

1.
Dave Sherry, Chief Financial Officer
2.
Michele O’Connor, Chief Accounting Officer
3.
Hannah Chen, Technical Accounting Manager
4.
Olive Huang, Chief Legal Officer
5.
Scott Booth, Deputy General Counsel
6.
Paige Smith, Director, Corporate Legal
7.
Mark Baer, Stock Administration Manager
8.
Chris Trombetta, Chief People Officer
9.
Nina Katsman, Chief of Staff
10.
Myles Gutenkunst, Index Ventures
11.
Andre Dubois, Index Ventures