Form 4 for FIGS FIGS, Inc.

Accepted 2025-01-14 00:00:00 ET · period of report 2025-01-11 · accession 0000950170-25-005503 · 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
DI	2025-01-14	2025-01-11	FIGS	Tull Thomas	10%	X - OptEx	$6.25	-19.04M	6.68M	-74%	-$119.00M
D	2025-01-14	2025-01-11	FIGS	Tull Thomas	10%	X - OptEx	$0.00	-19.04M	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2025-01-11	X	D	19,039,999	$6.25	6,675,631	I By Tull Family Trust	—	—	(F2) Includes 45,455 shares of Class A Common Stock held by the Tull Family Trust and inadvertently omitted from prior filings. (F3) Represents securities held directly by the Tull Family Trust, of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of the securities held by the Tull Family Trust, except to the extent of his pecuniary interest therein.
2	Derivative	Put Option (right to sell)	2025-01-11	X	D	19,039,999	$0.00	0	D	$6.25 · 2025-01-11 to 2025-05-07	19,039,999 Class A Common Stock	(F1) On January 11, 2025, pursuant to the Put-Call Agreement dated January 7, 2025 among BAMCO, Inc. (the "Buyer"), a wholly-owned subsidiary of Baron Capital Group, Inc., Thomas J. Tull, in his individual capacity ("Tull"), Thomas J. Tull, in his capacity as trustee of the Tull Family Trust, u/a/d August 1, 2005, as amended ("Tull Family Trust"), and First Light Investors, LLC, which is controlled by Tull's spouse ("First Light" and, collectively with Tull and Tull Family Trust, the "Sellers"), the Sellers exercised the right to require the Buyer to purchase from the Sellers 19,039,999 shares of Class A Common Stock of the Issuer at a price equal to $6.25 per share.