Form 4 for FIGS FIGS, Inc.
Accepted 2023-06-27 00:00:00 ET · period of report 2023-06-26 · accession 0001628280-23-023611 · 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 | 2023-06-27 | 2023-06-26 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | S - Sale+OE | $8.05 | -28.0K | 1.33M | -2% | -$225.1K |
| D | 2023-06-27 | 2023-06-26 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | M - OptEx | $0.85 | +28.0K | 1.36M | +2% | +$23.8K |
| D | 2023-06-27 | 2023-06-26 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | M - OptEx | $0.00 | -28.0K | 448.3K | -6% | $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 | 2023-06-26 | S | D | 27,965 | $8.05 | 1,331,142 | D | — | — | (F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.135 per share, 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. |
| 2 | Common | Class A Common Stock | 2023-06-26 | M | A | 27,965 | $0.85 | 1,359,107 | D | — | — | (F1) All but 264,045 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. In addition to the securities reported in this column, the Reporting Person beneficially owns 2,617,943 shares of the Issuer's Class B Common Stock, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 12,950,614 shares underlying vested options. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-06-26 | M | D | 27,965 | $0.00 | 448,331 | D | $0.85 · — to 2028-02-21 | 27,965 Class A Common Stock | (F4) All shares underlying this option have vested. |