Form 4 for WRBY Warby Parker Inc.
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-10 · accession 0001104659-23-032310 · 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 | 2023-03-14 | 2023-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | S - Sale | $11.04 | -6,517 | 106 | -98% | -$71.9K |
| D | 2023-03-14 | 2023-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | +6,517 | 6,623 | +6,148% | $0 |
| DM | 2023-03-14 | 2023-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | M - OptEx | $0.00 | 0 | 4.21M | New | $0 |
| D | 2023-03-14 | 2023-03-10 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir | C - Cnv Deriv | $0.00 | -6,517 | 4.21M | -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 | 2023-03-10 | S | D | 6,517 | $11.04 | 106 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-03-10 | C | A | 6,517 | $0.00 | 6,623 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-03-10 | M | D | 4,545 | $0.00 | 16,807 | 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. |
| 4 | Derivative | Restricted Stock Units | 2023-03-10 | M | D | 2,406 | $0.00 | 0 | D | — · — to — | 2,406 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. |
| 5 | Derivative | Restricted Stock Units | 2023-03-10 | M | D | 4,332 | $0.00 | 33,066 | D | — · — to — | 4,332 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. |
| 6 | Derivative | Class B Common Stock | 2023-03-10 | C | D | 6,517 | $0.00 | 4,208,060 | D | — · — to — | 6,517 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. |
| 7 | Derivative | Class B Common Stock | 2023-03-10 | M | A | 11,283 | $0.00 | 4,214,577 | D | — · — to — | 11,283 Class A Common Stock | (F4) Represents a transfer of 1,000,000 shares of the Issuer's Class B Common Stock previously reported as directly held by the Reporting Person to Sky Scorpio Trust, which transfer was exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. (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. |