Form 4 for WRBY Warby Parker Inc.
Accepted 2021-10-01 00:00:00 ET · period of report 2021-09-29 · accession 0001628280-21-019499 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-10-01 | 2021-09-29 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir, 10% | C - Cnv Deriv | $0.00 | +46.9K | 1,610 | New | $0 |
| DMI | 2021-10-01 | 2021-09-29 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir, 10% | S - Sale | $53.14 | -50.0K | 2.21M | -2% | -$2.66M |
| DM | 2021-10-01 | 2021-09-29 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir, 10% | S - Sale | $54.04 | -46.9K | 0 | -100% | -$2.54M |
| DM | 2021-10-01 | 2021-09-29 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir, 10% | M - OptEx | $0.00 | 0 | 42.4K | New | $0 |
| DM | 2021-10-01 | 2021-09-29 | WRBY | Blumenthal Neil Harris | Co-CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -46.9K | 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 | 2021-09-29 | C | A | 6,712 | $0.00 | 6,712 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-09-29 | S | D | 42,500 | $53.01 | 2,218,667 | I | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.65 to $53.65. The reporting person undertakes to provide the Issuer, anysecurity 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 | Common | Class A Common Stock | 2021-09-29 | S | D | 1,610 | $54.04 | 0 | D | — | — | |
| 4 | Common | Class A Common Stock | 2021-09-29 | S | D | 17,606 | $54.04 | 0 | D | — | — | |
| 5 | Common | Class A Common Stock | 2021-09-29 | C | A | 17,606 | $0.00 | 17,606 | D | — | — | |
| 6 | Common | Class A Common Stock | 2021-09-29 | S | D | 20,998 | $54.03 | 0 | D By JJR WP Holdings LLC | — | — | (F2) Mr. Blumenthal disclaims pecuniary interest therein. |
| 7 | Common | Class A Common Stock | 2021-09-29 | C | A | 20,998 | $0.00 | 20,998 | D By JJR WP Holdings LLC | — | — | (F2) Mr. Blumenthal disclaims pecuniary interest therein. |
| 8 | Common | Class A Common Stock | 2021-09-29 | C | A | 1,610 | $0.00 | 1,610 | D | — | — | |
| 9 | Common | Class A Common Stock | 2021-09-29 | S | D | 7,500 | $53.88 | 2,211,167 | I | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.65 to $54.11. The reporting person undertakes to provide the Issuer, anysecurity 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. |
| 10 | Common | Class A Common Stock | 2021-09-29 | S | D | 6,712 | $54.04 | 0 | D | — | — | |
| 11 | Derivative | Restricted Stock Units | 2021-09-29 | M | D | 11,550 | $0.00 | 57,753 | D | — · — to — | 0 Class A Common Stock | (F8) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F11) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028. |
| 12 | Derivative | Restricted Stock Units | 2021-09-29 | M | D | 1,610 | $0.00 | 940,752 | D | — · — to — | 0 Class A Common Stock | (F8) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F12) The restricted stock units will vest in 60 monthly installments beginning on July 1, 2021, will expire on June 15, 2031. |
| 13 | Derivative | Class B Common Stock | 2021-09-29 | M | A | 38,480 | $0.00 | 38,480 | D | — · — to — | 38,480 Class A Common Stock | (F5) This filing relates to the occurrence of a RSU vesting event. (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 14 | Derivative | Class B Common Stock | 2021-09-29 | C | D | 20,998 | $0.00 | 17,482 | D | — · — to — | 20,998 Class A Common Stock | (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 15 | Derivative | Class B Common Stock | 2021-09-29 | M | A | 30,299 | $0.00 | 30,299 | D | — · — to — | 30,299 Class A Common Stock | (F5) This filing relates to the occurrence of a RSU vesting event. (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 16 | Derivative | Class B Common Stock | 2021-09-29 | C | D | 17,606 | $0.00 | 12,693 | D | — · — to — | 17,606 Class A Common Stock | (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 17 | Derivative | Class B Common Stock | 2021-09-29 | M | A | 11,550 | $0.00 | 11,550 | D | — · — to — | 11,550 Class A Common Stock | (F5) This filing relates to the occurrence of a RSU vesting event. (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 18 | Derivative | Class B Common Stock | 2021-09-29 | C | D | 6,712 | $0.00 | 4,838 | D | — · — to — | 6,712 Class A Common Stock | (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 19 | Derivative | Class B Common Stock | 2021-09-29 | M | A | 1,610 | $0.00 | 1,610 | D | — · — to — | 1,610 Class A Common Stock | (F5) This filing relates to the occurrence of a RSU vesting event. (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 20 | Derivative | Class B Common Stock | 2021-09-29 | C | D | 1,610 | $0.00 | 0 | D | — · — to — | 1,610 Class A Common Stock | (F4) Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date. (F7) 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, orotherwise 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 thedeath or disability of Dave Gilboa. (F6) 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 intoshares 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 thatis 12 months after the death or disability of Neil Blumenthal, |
| 21 | Derivative | Restricted Stock Units | 2021-09-29 | M | D | 38,480 | $0.00 | 14,241 | D | — · — to — | 0 Class A Common Stock | (F8) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F9) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on May 1, 2026. |
| 22 | Derivative | Restricted Stock Units | 2021-09-29 | M | D | 30,299 | $0.00 | 42,419 | D | — · — to — | 0 Class A Common Stock | (F8) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F10) The restricted stock units will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026. |