Form 4 for RENT Rent the Runway, Inc.
Accepted 2022-05-04 00:00:00 ET · period of report 2022-05-02 · accession 0001468327-22-000058 · 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 | 2022-05-04 | 2022-05-02 | RENT | Hyman Jennifer | CEO, Dir | C - Cnv Deriv | $0.00 | +9,456 | 9,456 | New | $0 |
| D | 2022-05-04 | 2022-05-02 | RENT | Hyman Jennifer | CEO, Dir | S - Sale | $6.27 | -9,456 | 0 | -100% | -$59.3K |
| D | 2022-05-04 | 2022-05-02 | RENT | Hyman Jennifer | CEO, Dir | C - Cnv Deriv | $0.00 | -9,456 | 1.10M | -0.9% | $0 |
| DM | 2022-05-04 | 2022-05-02 | RENT | Hyman Jennifer | CEO, Dir | M - OptEx | $0.00 | 0 | 1.11M | New | $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 | 2022-05-02 | C | A | 9,456 | $0.00 | 9,456 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-05-02 | S | D | 9,456 | $6.27 | 0 | D | — | — | (F2) Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer. (F3) The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $6.15 to $6.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Derivative | Class B Common Stock | 2022-05-02 | C | D | 9,456 | $0.00 | 1,100,361 | D | — · — to — | 9,456 Class A Common Stock | (F5) Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire. |
| 4 | Derivative | Restricted Stock Units | 2022-05-02 | M | D | 3,180 | $0.00 | 44,521 | D | — · — to — | 3,180 Class B Common Stock | (F6) Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest as to 25% upon the Issuer's initial public offering and in 16 substantially equal quarterly installments thereafter. The RSUs have no expiration date. |
| 5 | Derivative | Class B Common Stock | 2022-05-02 | M | A | 12,931 | $0.00 | 1,106,637 | D | — · — to — | 12,931 Class A Common Stock | (F5) Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire. |
| 6 | Derivative | Restricted Stock Units | 2022-05-02 | M | D | 12,931 | $0.00 | 90,520 | D | — · — to — | 12,931 Class B Common Stock | (F4) Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest in 16 substantially equal quarterly installments commencing on February 1, 2022. |
| 7 | Derivative | Class B Common Stock | 2022-05-02 | M | A | 3,180 | $0.00 | 1,109,817 | D | — · — to — | 3,180 Class A Common Stock | (F5) Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire. |