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Filing Details

Accession Number:: 0001576942-21-000004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-01-11 16:15:30
Reporting Period:: 2021-01-07

Accepted Time:: 2021-01-11 16:15:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1576942	Stitch Fix Inc.	SFIX	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1558259	Scott Darling	C/O Stitch Fix, Inc. 1 Montgomery Street, Suite 1500 San Francisco CA 94104	Chief Legal Officer & Secr.	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-01-07	18,742	$0.00	88,439	No	4	C	Direct
Class A Common Stock	Disposition	2021-01-07	17,850	$59.84	70,589	No	4	S	Direct
Class A Common Stock	Disposition	2021-01-07	6,876	$60.34	63,713	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2021-01-07	18,742	$0.00	18,742	$4.94
Class A Common Stock	Class B Common Stock	Acquisiton	2021-01-07	18,742	$0.00	18,742	$4.94
Class A Common Stock	Class B Common Stock	Disposition	2021-01-07	18,742	$0.00	18,742	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2026-10-28	No	4	M	Direct
18,742		No	4	M	Direct
0		No	4	C	Direct

Footnotes

Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.25 to $60.215 per share. 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.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.26 to $60.44 per share. 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.
The stock option vests over four years, with 25% of the securities vesting on October 28, 2017 and the balance vesting in equal monthly installments over the remaining three years, subject to the individual's continued service through each vesting date.
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 and has no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock; (ii) ten years following the effective date of the Issuer's initial public offering; or (iii) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock (i) upon any transfer, whether or not for value (subject to certain exceptions), or (ii) in the event of the death or disability (as defined in the amended and restated certificate of incorporation of the Issuer) of the reporting person, shares of Class B Common Stock held by the reporting person or the reporting person's permitted estate planning entities will convert into Class A Common Stock.