Form 4 for WRBY Warby Parker Inc.
Accepted 2022-03-14 00:00:00 ET · period of report 2022-03-10 · accession 0001104659-22-033451 · 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 | 2022-03-14 | 2022-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | +5,393 | 5,499 | +5,088% | $0 |
| D | 2022-03-14 | 2022-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | S - Sale | $25.00 | -5,393 | 106 | -98% | -$134.8K |
| DM | 2022-03-14 | 2022-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | M - OptEx | $0.00 | 0 | 13.2K | New | $0 |
| D | 2022-03-14 | 2022-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | -5,393 | 3.18M | -0.2% | $0 |
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 | 2022-03-10 | C | A | 5,393 | $0.00 | 5,499 | D | — | — | (F1) Includes 59 shares of Class A Common Stock acquired in a pro rata distribution in-kind, the acquisition of which was exempt from reporting as mandated by Rule 16a-9 of the Securities Exchange Act of 1934, as amended. |
| 2 | Common | Class A Common Stock | 2022-03-10 | S | D | 5,393 | $25.00 | 106 | D | — | — | |
| 3 | Derivative | Class B Common Stock | 2022-03-10 | M | A | 12,483 | $0.00 | 3,188,596 | D | — · — to — | 12,483 Class A Common Stock | (F10) Reflects a transfer of 14,181 shares of Class B Common Stock from Teal Aquarius Trust to the direct holdings of the reporting person. (F9) and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa. (F8) The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B common stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B common stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from theboard of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal, |
| 4 | Derivative | Class B Common Stock | 2022-03-10 | C | D | 5,393 | $0.00 | 3,183,203 | D | — · — to — | 5,393 Class A Common Stock | (F9) and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa. (F8) The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B common stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B common stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from theboard of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal, |
| 5 | Derivative | Restricted Stock Units | 2022-03-10 | M | D | 4,331 | $0.00 | 50,392 | D | — · — to — | 4,331 Class B Common Stock | (F4) This filing relates to the occurrence of a RSU vesting event. (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F7) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028. |
| 6 | Derivative | Restricted Stock Units | 2022-03-10 | M | D | 4,544 | $0.00 | 34,987 | D | — · — to — | 4,544 Class B Common Stock | (F4) This filing relates to the occurrence of a RSU vesting event. (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026. |
| 7 | Derivative | Restricted Stock Units | 2022-03-10 | M | D | 3,608 | $0.00 | 13,228 | D | — · — to — | 3,608 Class B Common Stock | (F4) This filing relates to the occurrence of a RSU vesting event. (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F5) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on May 1, 2026. |