Form 4 for FIGS FIGS, Inc.
Accepted 2025-08-14 00:00:00 ET · period of report 2025-08-12 · accession 0001843821-25-000004 · 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 | 2025-08-14 | 2025-08-12 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | A - Grant | $0.00 | +947.9K | 1.30M | +271% | $0 |
| DM | 2025-08-14 | 2025-08-12 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | A - Grant | — | +3.59M | 2.86M | New | — |
| DM | 2025-08-14 | 2025-08-12 | FIGS | Hasson Heather L. | Executive COB, Dir, 10% | D - Sale to Iss | — | -3.59M | 0 | -100% | — |
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 | 2025-08-12 | A | A | 947,868 | $0.00 | 1,298,197 | D | — | — | (F1) These Restricted Stock Units ("RSUs") vest as to 1/16th of the shares of Class A Common Stock underlying the RSUs on each quarterly anniversary following August 1, 2025, subject to the Reporting Person's continued service through the applicable vesting date. (F2) 947,868 of these securities are RSUs, 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 holds 2,814,480 shares of the Issuer's Class B Common Stock directly and indirectly through various trusts, which are convertible at any time at the option of the Reporting Person into an equal number of shares of Class A Common Stock, and 11,449,396 shares of the Issuer's Class A Common Stock underlying vested options, neither of which are reported on this Form 4. |
| 2 | Derivative | Stock Option (Right to Buy) | 2025-08-12 | A | A | 727,097 | — | 727,097 | D | $6.63 · — to 2031-05-25 | 727,097 Class A Common Stock | (F5) The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on August 12, 2025 (the "Repricing Date"). The Option Repricing applies to (i) 727,097 fully vested options originally granted to the Reporting Person on May 26, 2021 with an original exercise price of $22.00 and (ii) 2,863,828 fully vested options originally granted to the Reporting Person on August 9, 2022 with an original exercise price of $11.79. Pursuant to the Option Repricing, the exercise prices of the repriced options have been amended to reduce the exercise price to $6.63 per share, the closing price of the Issuer's Class A Common Stock on the Repricing Date. The vesting schedules of the repriced options have also been extended as reported herein. There is no change to the expiration dates of, or number of shares underlying, the repriced options. For more information, see Part II, Item 5. "Other Information" in the Issuer's Form 10-Q filed with the SEC on 8/7/2025. (F6) The option vests and becomes exercisable in 24 equal monthly installments, with the first installment vesting on September 12, 2025. |
| 3 | Derivative | Stock Option (Right to Buy) | 2025-08-12 | D | D | 727,097 | — | 0 | D | $22.00 · — to 2031-05-25 | 727,097 Class A Common Stock | (F5) The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on August 12, 2025 (the "Repricing Date"). The Option Repricing applies to (i) 727,097 fully vested options originally granted to the Reporting Person on May 26, 2021 with an original exercise price of $22.00 and (ii) 2,863,828 fully vested options originally granted to the Reporting Person on August 9, 2022 with an original exercise price of $11.79. Pursuant to the Option Repricing, the exercise prices of the repriced options have been amended to reduce the exercise price to $6.63 per share, the closing price of the Issuer's Class A Common Stock on the Repricing Date. The vesting schedules of the repriced options have also been extended as reported herein. There is no change to the expiration dates of, or number of shares underlying, the repriced options. For more information, see Part II, Item 5. "Other Information" in the Issuer's Form 10-Q filed with the SEC on 8/7/2025. (F4) All shares underlying this option have vested. |
| 4 | Derivative | Stock Option (Right to Buy) | 2025-08-12 | A | A | 2,863,828 | — | 2,863,828 | D | $6.63 · — to 2032-08-08 | 2,863,828 Class A Common Stock | (F5) The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on August 12, 2025 (the "Repricing Date"). The Option Repricing applies to (i) 727,097 fully vested options originally granted to the Reporting Person on May 26, 2021 with an original exercise price of $22.00 and (ii) 2,863,828 fully vested options originally granted to the Reporting Person on August 9, 2022 with an original exercise price of $11.79. Pursuant to the Option Repricing, the exercise prices of the repriced options have been amended to reduce the exercise price to $6.63 per share, the closing price of the Issuer's Class A Common Stock on the Repricing Date. The vesting schedules of the repriced options have also been extended as reported herein. There is no change to the expiration dates of, or number of shares underlying, the repriced options. For more information, see Part II, Item 5. "Other Information" in the Issuer's Form 10-Q filed with the SEC on 8/7/2025. (F7) The option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on September 12, 2025. |
| 5 | Derivative | Stock Option (Right to Buy) | 2025-08-12 | D | D | 2,863,828 | — | 0 | D | $11.79 · — to 2032-08-08 | 2,863,828 Class A Common Stock | (F5) The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on August 12, 2025 (the "Repricing Date"). The Option Repricing applies to (i) 727,097 fully vested options originally granted to the Reporting Person on May 26, 2021 with an original exercise price of $22.00 and (ii) 2,863,828 fully vested options originally granted to the Reporting Person on August 9, 2022 with an original exercise price of $11.79. Pursuant to the Option Repricing, the exercise prices of the repriced options have been amended to reduce the exercise price to $6.63 per share, the closing price of the Issuer's Class A Common Stock on the Repricing Date. The vesting schedules of the repriced options have also been extended as reported herein. There is no change to the expiration dates of, or number of shares underlying, the repriced options. For more information, see Part II, Item 5. "Other Information" in the Issuer's Form 10-Q filed with the SEC on 8/7/2025. (F4) All shares underlying this option have vested. |