Form 4 for WRBY Warby Parker Inc.
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001104659-22-126746 · 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 | 2022-12-13 | 2022-12-09 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | +7,037 | 7,143 | +6,639% | $0 |
| D | 2022-12-13 | 2022-12-09 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | S - Sale | $16.42 | -7,037 | 106 | -99% | -$115.5K |
| DM | 2022-12-13 | 2022-12-09 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | M - OptEx | $0.00 | 0 | 5.21M | New | $0 |
| D | 2022-12-13 | 2022-09-06 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | G - Gift | $0.00 | +2.00M | 5.20M | +63% | $0 |
| D | 2022-12-13 | 2022-12-09 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | -7,037 | 5.20M | -0.1% | $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 | 2022-12-09 | C | A | 7,037 | $0.00 | 7,143 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-12-09 | S | D | 7,037 | $16.42 | 106 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-12-09 | M | D | 4,331 | $0.00 | 37,398 | D | — · — to — | 4,331 Class B Common Stock | (F3) This filing relates to the occurrence of a RSU vesting event. (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F7) The RSUs will vest in 48 monthly installments beginning on January 1, 2021. |
| 4 | Derivative | Restricted Stock Units | 2022-12-09 | M | D | 4,545 | $0.00 | 21,352 | D | — · — to — | 4,545 Class B Common Stock | (F3) This filing relates to the occurrence of a RSU vesting event. (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F6) The RSUs will vest in 48 monthly installments beginning on January 1, 2020. |
| 5 | Derivative | Restricted Stock Units | 2022-12-09 | M | D | 3,607 | $0.00 | 2,406 | D | — · — to — | 3,607 Class B Common Stock | (F3) This filing relates to the occurrence of a RSU vesting event. (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F5) The RSUs will vest in 48 monthly installments beginning on January 1, 2019. |
| 6 | Derivative | Class B Common Stock | 2022-09-06 | G | A | 2,000,000 | $0.00 | 5,197,848 | D | — · — to — | 2,000,000 Class A Common Stock | (F4) Represents a transfer of shares from a grantor retained annuity trust to the reporting person following the termination of the trust. (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 the board 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, (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. |
| 7 | Derivative | Class B Common Stock | 2022-12-09 | C | D | 7,037 | $0.00 | 5,203,294 | D | — · — to — | 7,037 Class A Common Stock | (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 the board 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, (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. |
| 8 | Derivative | Class B Common Stock | 2022-12-09 | M | A | 12,483 | $0.00 | 5,210,331 | D | — · — to — | 12,483 Class A Common Stock | (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 the board 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, (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. |