Form 4 for FIGS FIGS, Inc.
Accepted 2021-09-20 00:00:00 ET · period of report 2021-09-16 · accession 0000899243-21-036680 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-20 | 2021-09-16 | FIGS | Hasson Heather L. | Co-CEO, Dir, 10% | F - Tax | $40.66 | -51.7K | 4.22M | -1% | -$2.10M |
| D | 2021-09-20 | 2021-09-16 | FIGS | Hasson Heather L. | Co-CEO, Dir, 10% | M - OptEx | $0.85 | +2.47M | 4.28M | +137% | +$2.10M |
| D | 2021-09-20 | 2021-09-20 | FIGS | Hasson Heather L. | Co-CEO, Dir, 10% | S - Sale+OE | $40.25 | -2.42M | 1.80M | -57% | -$97.40M |
| D | 2021-09-20 | 2021-09-16 | FIGS | Hasson Heather L. | Co-CEO, Dir, 10% | M - OptEx | $0.85 | -2.47M | 948.3K | -72% | -$2.10M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-09-16 | F | D | 51,671 | $40.66 | 4,224,395 | D | — | — | (F2) Represents shares that have been withheld by the Issuer upon the net exercise of options underlying 2,471,669 shares of the Issuer's Class A Common Stock and does not represent a sale by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2021-09-16 | M | A | 2,471,669 | $0.85 | 4,276,066 | D | — | — | (F1) 1,804,397 of these securities are restricted stock units ("RSUs") each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of the RSUs, the shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person, as previously approved by the Issuer's board of directors. |
| 3 | Common | Class A Common Stock | 2021-09-20 | S | D | 2,419,998 | $40.25 | 1,804,397 | D | — | — | |
| 4 | Derivative | Stock Option (Right to Buy) | 2021-09-16 | M | D | 2,471,669 | $0.85 | 948,331 | D | $0.85 · — to 2028-02-21 | 2,471,669 Class A Common Stock | (F3) The Form 3 filed by the Reporting Person on May 27, 2021 erroneously indicated that these options carried an exercise price of $0.86. The correct exercise price is $0.85. (F4) All shares underlying this option have vested. |