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    Bipul Sinha

    Chief Executive Officer at Rubrik Inc
    Board
    Since January 2014
    Age
    50 years
    Education
    Holds a Bachelor of Technology in Electrical Engineering from the Indian Institute of Technology and a Master of Business Administration from the Wharton School of the University of Pennsylvania.
    Tenure
    Joined RBRK in January 2014 as Chief Executive Officer and board member, and became Chairman of the Board in July 2016.
    Other Roles
    Venture Partner at Lightspeed Venture Partners

    Also at Rubrik Inc

    AN
    Arvind Nithrakashyap
    Chief Technology Officer (CTO)
    KC
    Kiran Choudary
    Chief Financial Officer

    About

    Bipul Sinha is a co-founder and key executive at RBRK who has played a pivotal role in shaping the company’s strategic direction since his appointment in January 2014.

    With a technical foundation from the Indian Institute of Technology and advanced business training from the Wharton School, he combines technical expertise with strategic leadership in his role as Chief Executive Officer.

    Throughout his career, he has held multiple leadership positions, joining RBRK as CEO and board member, and later expanding his responsibilities by taking on the role of Chairman in July 2016.

    His extensive experience in both venture capital and technology has established him as a respected leader in the tech industry, contributing significantly to the growth and innovation at RBRK.

    $RBRK Performance Under Bipul Sinha

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    NoneN/AN/ANo fixed compensation details available for 2024 [N/A]

    Performance Compensation

    Data from  FY 2024

    Grant Details

    ComponentDetailCitation
    Grant DateApril 2024, upon the Company's IPO
    Grant Size8,000,000 stock options to purchase Class B common stock
    Grant Date Fair Value$17.37 per share
    Exercise PriceIPO Price

    Performance Metrics and Targets

    The award is structured into 10 tranches with performance and service-based conditions as detailed below:

    TrancheTarget Stock Value (USD)Stock Options Eligible to VestOption Valuation Expiration DateCitation
    1$42.88666,667Fifth anniversary of the IPO
    2$53.76666,667N/A
    3$64.64666,667N/A
    4$75.52666,667N/A
    5$86.40666,667Seventh anniversary of the IPO
    6$96.96666,667N/A
    7$107.84666,667N/A
    8$118.72666,667N/A
    9$161.921,333,332N/A
    10$242.881,333,332N/A

    Conditions and Vesting Schedule

    • Service-Based Condition: Shares vest in 20 equal quarterly installments beginning in January 2022. Options expire 10 years after the grant date.
    • Performance-Based Condition: The Target Stock Value for each tranche is determined by the volume-weighted average price of the Company's Class A common stock over 90 consecutive days (measurement begins after the lock-up period).
    • Vesting Schedule: Each tranche vests on the first date following the satisfaction of both service-based and performance-based conditions, contingent on continued service as CEO.

    Additional Stock-Based Compensation Details

    DetailValueCitation
    Total Stock-Based Compensation Expense Recognized$139.0 million
    Derived Service Period per Tranche1.2 to 4.5 years
    Valuation ModelMonte Carlo simulation (incorporating underlying stock price, volatility, risk-free rate, dividend yield)