Home > Insider Trading > Filing (0001628280-23-023611)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1846576	Figs Inc.	FIGS	()	4

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	Executive Chair	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	2023-06-26	27,965	$0.85	1,359,107	No	4	M	Direct
Class A Common Stock	Disposition	2023-06-26	27,965	$8.05	1,331,142	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	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	2023-06-26	27,965	$0.00	27,965	$0.85

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
448,331		2028-02-21	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	8,338	Indirect	Held by the Heather Hasson Revocable Trust
Class A Common Stock	141	Indirect	Held by Hollywood Capital Partners LLC

Footnotes

All but 264,045 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain 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 the Equity Award Exchange Right Agreement. In addition to the securities reported in this column, the Reporting Person beneficially owns 2,617,943 shares of the Issuer's Class B Common Stock, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 12,950,614 shares underlying vested options.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.135 per share, 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.
The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
All shares underlying this option have vested.