Filing Details
- Accession Number:
- 0001468327-22-000058
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-04 21:19:13
- Reporting Period:
- 2022-05-02
- Accepted Time:
- 2022-05-04 21:19:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1468327 | Rent The Runway Inc. | RENT | Retail-Retail Stores, Nec (5990) | 800376379 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1737388 | Jennifer Hyman | C/O Rent The Runway, Inc. 10 Jay Street Brooklyn NY 11201 | 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 | 2022-05-02 | 9,456 | $0.00 | 9,456 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2022-05-02 | 9,456 | $6.27 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | Restricted Stock Units | Disposition | 2022-05-02 | 12,931 | $0.00 | 12,931 | $0.00 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2022-05-02 | 12,931 | $0.00 | 12,931 | $0.00 |
Class B Common Stock | Restricted Stock Units | Disposition | 2022-05-02 | 3,180 | $0.00 | 3,180 | $0.00 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2022-05-02 | 3,180 | $0.00 | 3,180 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2022-05-02 | 9,456 | $0.00 | 9,456 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
90,520 | No | 4 | M | Direct | ||
1,106,637 | No | 4 | M | Direct | ||
44,521 | No | 4 | M | Direct | ||
1,109,817 | No | 4 | M | Direct | ||
1,100,361 | 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 | 123,108 | 123,108 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
123,108 | 123,108 | Indirect |
Footnotes
- Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction, resulting in the automatic conversion of the shares into Class AA Common Stock upon the execution of the sale.
- Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
- The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $6.15 to $6.45, inclusive. 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.
- Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest in 16 substantially equal quarterly installments commencing on February 1, 2022.
- Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire.
- Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest as to 25% upon the Issuer's initial public offering and in 16 substantially equal quarterly installments thereafter. The RSUs have no expiration date.