Form 4 for FIGS FIGS, Inc.
Accepted 2022-03-04 00:00:00 ET · period of report 2022-01-13 · accession 0001209191-22-016506 · 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 | 2022-03-04 | 2022-01-13 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | G - Gift | $0.00 | -7,073 | 1.45M | -0.5% | $0 |
| D | 2022-03-04 | 2022-03-02 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | J - Other | $0.00 | -169.1K | 1.28M | -12% | $0 |
| DI | 2022-03-04 | 2022-01-13 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | G - Gift | $0.00 | +7,073 | 7,073 | New | $0 |
| DI | 2022-03-04 | 2022-01-13 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | G - Gift | $0.00 | +679.3K | 2.15M | +46% | $0 |
| D | 2022-03-04 | 2022-03-02 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | J - Other | $0.00 | +169.1K | 169.1K | New | $0 |
| D | 2022-03-04 | 2022-01-13 | FIGS | Spear Catherine Eva | Co-CEO, Dir, 10% | G - Gift | $0.00 | -679.3K | 0 | -100% | $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 | 2022-01-13 | G | D | 7,073 | $0.00 | 1,452,041 | D Held by the Catherine Spear Revocable Trust | — | — | (F1) THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS TRANSFERS MADE BY THE REPORTING PERSON TO HER TRUST AND THE EXCHANGE BY THE REPORTING PERSON OF CERTAIN SHARES OF THE ISSUER'S CLASS A COMMON STOCK FOR SHARES OF THE ISSUER'S CLASS B COMMON STOCK. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. (F2) On January 13, 2022, the Reporting Person transferred 7,073 shares of Class A Common Stock of the Issuer to the Catherine Spear Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. |
| 2 | Common | Class A Common Stock | 2022-03-02 | J | D | 169,076 | $0.00 | 1,282,965 | D | — | — | (F4) All but 7,102 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain 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 the Equity Award Exchange Right Agreement. |
| 3 | Common | Class A Common Stock | 2022-01-13 | G | A | 7,073 | $0.00 | 7,073 | I | — | — | (F2) On January 13, 2022, the Reporting Person transferred 7,073 shares of Class A Common Stock of the Issuer to the Catherine Spear Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. |
| 4 | Derivative | Class B Common Stock | 2022-01-13 | G | A | 679,301 | $0.00 | 2,150,521 | I | — · — to — | 679,301 Class A Common Stock | (F6) On January 13, 2022, the Reporting Person transferred 679,301 shares of Class B Common Stock of the Issuer to the Catherine Spear Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. (F5) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031. |
| 5 | Derivative | Class B Common Stock | 2022-03-02 | J | A | 169,076 | $0.00 | 169,076 | D | — · — to — | 169,076 Class A Common Stock | (F5) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031. |
| 6 | Derivative | Class B Common Stock | 2022-01-13 | G | D | 679,301 | $0.00 | 0 | D Held by the Catherine Spear Revocable Trust | — · — to — | 679,301 Class A Common Stock | (F6) On January 13, 2022, the Reporting Person transferred 679,301 shares of Class B Common Stock of the Issuer to the Catherine Spear Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. (F5) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031. |