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Filing Details

Accession Number:: 0001104659-21-150735
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-16 21:30:46
Reporting Period:: 2021-12-14

Accepted Time:: 2021-12-16 21:30:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1504776	Warby Parker Inc.	WRBY	Ophthalmic Goods (3851)	800423634

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1883345	Harris Neil Blumenthal	C/O Warby Parker Inc., 233 Spring Street, 6Th Floor East New York NY 10013	Co-Chief Executive Officer	Yes	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	2021-12-16	65,847	$0.00	65,894	No	4	C	Direct
Class A Common Stock	Disposition	2021-12-16	65,847	$44.40	47	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-12-16	1,732	$0.00	1,779	No	4	C	Direct
Class A Common Stock	Disposition	2021-12-16	1,732	$44.59	47	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	C	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	Stock Option (Right to Buy)	Disposition	2021-12-14	100,000	$0.00	100,000	$0.72
Class A Common Stock	Class B Common Stock	Acquisiton	2021-12-14	100,000	$0.00	100,000	$0.00
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2021-12-16	106,390	$0.00	106,390	$0.72
Class A Common Stock	Class B Common Stock	Acquisiton	2021-12-16	106,390	$0.00	106,390	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-12-16	65,847	$0.00	65,847	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2021-12-16	1,732	$0.00	1,732	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-12-16	1,732	$0.00	1,732	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-12-16	1,732	$0.00	1,732	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
106,390	No	4	M	Direct
3,121,389	No	4	M	Direct
0	No	4	M	Direct
3,227,779	No	4	M	Direct
3,161,932	No	4	C	Direct
939,020	No	4	M	Direct
3,163,664	No	4	M	Direct
3,161,932	No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	200,000	Indirect	By Royal Blue Aries Trust
Class A Common Stock	200,000	Indirect	By Tiffany Blue Gemini Trust

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00	200,000	200,000	Indirect
Class A Common Stock	Class B Common Stock	$0.00	200,000	200,000	Indirect
Class A Common Stock	Class B Common Stock	$0.00	1,519,661	1,519,661	Indirect
Class A Common Stock	Class B Common Stock	$0.00	399,402	399,402	Indirect
Class A Common Stock	Class B Common Stock	$0.00	800,000	800,000	Indirect

Amount	Remaning Holdings	Nature of Ownership
200,000	200,000	Indirect
200,000	200,000	Indirect
1,519,661	1,519,661	Indirect
399,402	399,402	Indirect
800,000	800,000	Indirect

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold to cover taxes due on option exercises reported in Table II of this Form 4 in multiple transactions at prices ranging from $44.11 to $44.665 The reporting person undertakes to provide 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.
Sale of Shares to cover taxes due on restricted stock units that vested on October 1, 2021 and November 1, 2021.
The Stock option was granted on July 27, 2012, is fully vested, and will expire on July 26, 2022.
The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B common stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B common stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from theboard of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal,
and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, orotherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
This filing relates to the occurrence of a RSU vesting event.
The restricted stock units will vest in 60 monthly installments beginning on July 1, 2021, will expire on June 15, 2031.