Form 4 for FIGS FIGS, Inc.
Accepted 2023-10-11 00:00:00 ET · period of report 2023-10-06 · accession 0001628280-23-034260 · 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 | 2023-10-11 | 2023-10-06 | FIGS | Turenshine Daniella | CFO | S - Sale+OE | $6.02 | -4,201 | 410.4K | -1% | -$25.3K |
| DM | 2023-10-11 | 2023-10-11 | FIGS | Turenshine Daniella | CFO | M - OptEx | $0.6604 | +49.1K | 431.4K | +13% | +$32.4K |
| DM | 2023-10-11 | 2023-10-11 | FIGS | Turenshine Daniella | CFO | M - OptEx | $0.00 | -49.1K | 10.3K | -83% | $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 | 2023-10-06 | S | D | 4,201 | $6.02 | 410,442 | D | — | — | (F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.01 to $6.05 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 | 2023-10-11 | M | A | 28,122 | $0.81 | 459,564 | D | — | — | (F3) All but 140,490 of these securities are Restricted Stock Units, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 570,737 shares of the Issuer's Class A Common Stock underlying vested options (inclusive of those reported in column 9 of Table II). |
| 3 | Common | Class A Common Stock | 2023-10-11 | M | A | 21,000 | $0.46 | 431,442 | D | — | — | |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-10-11 | M | D | 21,000 | $0.00 | 37,131 | D | $0.46 · — to 2029-10-09 | 21,000 Class A Common Stock | (F4) All shares underlying this option have vested. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-10-11 | M | D | 28,122 | $0.00 | 10,317 | D | $0.81 · — to 2030-09-16 | 28,122 Class A Common Stock | (F5) This option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on September 26, 2020. 34,683 shares underlying the option have vested. |