Filing Details

Accession Number:
0001104659-21-151330
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-17 20:26:02
Reporting Period:
2021-12-15
Accepted Time:
2021-12-17 20:26:02
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
1883353 Abraham David Gilboa 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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-12-15 250,000 $0.00 250,000 No 4 C Direct
Class A Common Stock Disposition 2021-12-15 225,564 $43.32 24,436 No 4 S Direct
Class A Common Stock Disposition 2021-12-15 24,436 $43.96 0 No 4 S Direct
Class A Common Stock Acquisiton 2021-12-16 1,732 $0.00 1,732 No 4 C Direct
Class A Common Stock Disposition 2021-12-16 1,732 $44.59 0 No 4 S Direct
Class A Common Stock Acquisiton 2021-12-17 115,000 $0.00 115,000 No 4 C Direct
Class A Common Stock Disposition 2021-12-17 115,000 $44.92 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (Right to Buy) Disposition 2021-12-15 427,000 $0.00 427,000 $0.72
Class A Common Stock Class B Common Stock Acquisiton 2021-12-15 427,000 $0.00 427,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-12-15 250,000 $0.00 250,000 $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
Class B Common Stock Stock Option (Right to Buy) Disposition 2021-12-17 228,490 $0.00 228,490 $0.72
Class A Common Stock Class B Common Stock Acquisiton 2021-12-17 228,490 $0.00 228,490 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-12-17 115,000 $0.00 115,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
228,490 No 4 M Direct
6,703,796 No 4 M Direct
6,453,796 No 4 C Direct
939,020 No 4 M Direct
6,455,528 No 4 M Direct
6,453,796 No 4 C Direct
0 No 4 M Direct
6,682,286 No 4 M Direct
6,567,286 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 0 2,131,770 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
0 2,131,770 Indirect
Footnotes
  1. 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 $42.76 to $43.72. 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.
  2. 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 $43.775 to $44.1017. 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.
  3. Sale of shares to cover taxes due on restricted stock units that vested on October 1, 2021 and November 1, 2021.
  4. 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 $44.72 to $45.13. 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.
  5. The Stock option was granted on July 27, 2012, is fully vested, and will expire on July 26, 2022.
  6. 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 intoshares 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,
  7. 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.
  8. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
  9. This filing relates to the occurrence of a RSU vesting event.
  10. The restricted stock units will vest in 60 monthly installments beginning on July 1, 2021, will expire on June 15, 2031.