Filing Details
- Accession Number:
- 0000899243-21-036680
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-09-20 21:47:22
- Reporting Period:
- 2021-09-16
- Accepted Time:
- 2021-09-20 21:47:22
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1843821 | L. Heather Hasson | C/O Figs, Inc. 2834 Colorado Avenue, Suite 100 Santa Monica CA 90404 | Co-Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2021-09-16 | 2,471,669 | $0.85 | 4,276,066 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2021-09-16 | 51,671 | $40.66 | 4,224,395 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2021-09-20 | 2,419,998 | $40.25 | 1,804,397 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2021-09-16 | 2,471,669 | $0.85 | 2,471,669 | $0.85 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
948,331 | 2028-02-21 | No | 4 | M | Direct |
Footnotes
- 1,804,397 of these securities are restricted stock units ("RSUs") each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of the RSUs, the 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 an equity award exchange right agreement between the Issuer and the Reporting Person, as previously approved by the Issuer's board of directors.
- Represents shares that have been withheld by the Issuer upon the net exercise of options underlying 2,471,669 shares of the Issuer's Class A Common Stock and does not represent a sale by the Reporting Person.
- The Form 3 filed by the Reporting Person on May 27, 2021 erroneously indicated that these options carried an exercise price of $0.86. The correct exercise price is $0.85.
- All shares underlying this option have vested.