Form 4: Khosla Ventures Distributes Rocket Lab Shares to Partners

Khosla Ventures V, L.P. distributed 2,000,000 shares of Rocket Lab USA, Inc. common stock to its limited and general partners in a pro rata distribution.

Summary

• Khosla Ventures V, L.P. (KV V) distributed 1,000,000 shares of Rocket Lab USA, Inc. common stock on February 3, 2025, to its limited partners and general partners.
• Another 1,000,000 shares were distributed on February 4, 2025.
• The distributions were pro rata and for no consideration.
• Khosla Ventures Associates V, LLC (KVA V) received 373,850 shares from each distribution, totaling 747,700 shares.
• KVA V subsequently distributed all of its received shares to its underlying members.
• VK Services, LLC received 490,794 shares from the distribution by KVA V.
• As a result, VK Services is now the record owner of 29,659,052 shares of Common Stock, and KVA V is the record owner of no shares of Common Stock.
• After the transactions, Khosla Ventures V, L.P. indirectly beneficially owns 21,323,617 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to share distribution, indicating a neutral sentiment.

Industry Context

Share distributions are a common practice in venture capital, allowing partners to realize gains or adjust their portfolios.

Stakeholder Impact

• The distribution of shares may slightly increase the float of Rocket Lab's stock.
• The distribution of shares may have a slight impact on the share price.

Key Dates