InsiderTrades

Form 4 for FIGS FIGS, Inc.

Accepted 2023-03-07 00:00:00 ET · period of report 2023-03-06 · accession 0001628280-23-006730 · 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 2023-03-07 2023-03-06 FIGS Spear Catherine Eva CEO, Dir, 10% J - Other $0.00 -169.1K 606.7K -22% $0
D 2023-03-07 2023-03-06 FIGS Spear Catherine Eva CEO, Dir, 10% J - Other $0.00 +169.1K 845.4K +25% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2023-03-06 J D 169,076 $0.00 606,661 D — — (F1) THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS 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. (F3) All but 35,510 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.
2 Derivative Class B Common Stock 2023-03-06 J A 169,076 $0.00 845,380 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.