Filing Details

Accession Number:
0001573221-21-000011
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-14 16:31:28
Reporting Period:
2021-01-13
Accepted Time:
2021-01-14 16:31:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1573221 Therealreal Inc. REAL Retail-Miscellaneous Retail (5900) 451234222
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1780551 Rati Levesque Sahi C/O Therealreal
55 Francisco Street
San Francisco CA 94133
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-01-13 87,446 $25.72 200,779 No 4 S Direct
Common Stock Disposition 2021-01-13 8,102 $26.11 192,677 No 4 S Direct
Common Stock Acquisiton 2021-01-13 11,686 $7.64 204,363 No 4 M Direct
Common Stock Disposition 2021-01-13 11,686 $25.72 192,677 No 4 S Direct
Common Stock Acquisiton 2021-01-13 12,766 $2.56 205,443 No 4 M Direct
Common Stock Disposition 2021-01-13 12,766 $25.72 192,677 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-01-13 12,766 $0.00 12,766 $2.56
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-01-13 11,686 $0.00 11,686 $7.64
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-02-16 No 4 M Direct
39,139 2028-12-05 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 11, 2019, as amended.
  2. Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $25.06 to $26.0599. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.
  3. Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $26.06 to $27.0599. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.
  4. The option, representing the right to purchase a total of 62,215 shares of TheRealReal, Inc. common stock, will become fully exercisable on February 16, 2021.
  5. This option vests in 48 substantially equal monthly installments, starting on December 5, 2018, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.