# EDGAR Filing Document

**Accession Number:** 0001990997
**File Stem:** 0001062993-25-013663
**Filing Date:** 2025-8
**Character Count:** 11196
**Document Hash:** 9fe800efbb118bd2274c04f3759a7cdb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-25-013663.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001062993-25-013663

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250801

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Reed Andrew Phillips
- **CENTRAL INDEX KEY:** 0001990997

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42761
- **FILM NUMBER:** 251186831

**MAIL ADDRESS:**
- **STREET 1:** 2800 SAND HILL ROAD, SUITE 101
- **CITY:** MENLO PARK
- **STATE:** CA
- **ZIP:** 94025
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Figma, Inc.
- **CENTRAL INDEX KEY:** 0001579878
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 462843087
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 760 MARKET ST.
- **STREET 2:** FLOOR 5
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94102
- **BUSINESS PHONE:** 415-890-5404

**MAIL ADDRESS:**
- **STREET 1:** 760 MARKET ST.
- **STREET 2:** FLOOR 5
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94102

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Reed Andrew Phillips<br><sub>(Last) (First) (Middle)</sub><br>2800 SAND HILL ROAD<br>SUITE 101<br><sub>(Street)</sub><br>MENLO PARK, CA 94025<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Figma, Inc. [ FIG ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-08-01 |  | C |  | 19332982 | A | $0 | 23439105 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Class A Common Stock | 2025-08-01 |  | C |  | 6503880 | A | $0 | 7544850 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Class A Common Stock | 2025-08-01 |  | C |  | 132555 | A | $0 | 153770 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Class A Common Stock | 2025-08-01 |  | P<sup>(4)</sup> |  | 60000 | A | $33 | 60000 | I | Sequoia Capital US/E Expansion Fund I, L.P.<sup>(2)</sup> |
| Class A Common Stock | 2025-08-01 |  | S<sup>(4)</sup> |  | 1286711 | D | $31.515 | 22152394 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Class A Common Stock | 2025-08-01 |  | S<sup>(4)</sup> |  | 414182 | D | $31.515 | 7130668 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Class A Common Stock | 2025-08-01 |  | S<sup>(4)</sup> |  | 8441 | D | $31.515 | 145329 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 1077911 | I | SC U.S. Growth IX Management, L.P.<sup>(2)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 1971015 | I | SC US/E Growth X Management, L.P.<sup>(2)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Series Seed Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 1079864 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 1079864 | $0 | 0 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Series Seed Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 381255 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 381255 | $0 | 0 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Series Seed Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 7770 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 7770 | $0 | 0 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Series A Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 519908 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 519908 | $0 | 0 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Series A Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 186705 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 186705 | $0 | 0 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Series A Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 3805 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 3805 | $0 | 0 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Series C Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 16072225 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 16072225 | $0 | 0 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Series C Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 5766240 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 5766240 | $0 | 0 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Series C Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 117520 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 117520 | $0 | 0 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Series D Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 470660 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 470660 | $0 | 0 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |
| Series D Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 169680 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 169680 | $0 | 0 | I | Sequoia Grove II, LLC<sup>(3)</sup> |
| Series D Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 3460 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 3460 | $0 | 0 | I | Sequoia Grove UK, L.P.<sup>(3)</sup> |
| Series E Preferred Stock | <sup>(1)</sup> | 2025-08-01 |  | C |  |  | 1190325 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 1190325 | $0 | 0 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.<sup>(2)</sup> |

---

### Footnotes:

(1) The Series Seed Preferred Stock, Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into Class A Common stock of the Issuer on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The securities had no expiration date.

(2) The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth IX Management, L.P., (ii) the general partner of SC US/E Growth X Management, L.P., (iii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. and (iv) the general partner of SC US/E Expansion Fund I Management, L.P, which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P.  The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

(3) The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

(4) The reported purchase and sale transactions represent sales by the specified funds as selling stockholders in the Issuer's initial public offering and a purchase by Sequoia Capital US/E Expansion Fund I, L.P. of shares of common stock from the underwriters in the issuer's initial public offering.

**Signature:** /s/ Jung Yeon Son, by power of attorney for Andrew Reed  
**Date:** 2025-08-05

### Remarks:

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.**