Filing Details

Accession Number:
0001468327-23-000241
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-04 17:16:17
Reporting Period:
2023-08-01
Accepted Time:
2023-08-04 17:16:17
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
Ceo & Chair 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 2023-08-02 9,386 $0.00 3,099,892 No 4 C Direct
Class A Common Stock Disposition 2023-08-02 9,386 $1.66 3,090,506 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 2023-08-01 12,931 $0.00 12,931 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2023-08-01 12,931 $0.00 12,931 $0.00
Class B Common Stock Restricted Stock Units Disposition 2023-08-01 3,180 $0.00 3,180 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2023-08-01 3,180 $0.00 3,180 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-08-02 9,386 $0.00 9,386 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,863 No 4 M Direct
1,141,408 No 4 M Direct
28,621 No 4 M Direct
1,151,588 No 4 M Direct
1,142,202 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
  1. Shares of Class B common stock were converted to Class A common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
  2. The Reporting Person historically reported certain unvested awards of restricted stock units that were convertible into Class A common stock in Table II. Beginning with this Form 4, the Reporting Person reports all unvested restricted stock units that are convertible into Class A common Stock in Table I. The total in Column 5 has been adjusted accordingly to reflect 595,337 restricted stock units that were previously reported in Table II. In addition, the Reporting Person's Form 4 dated February 1, 2023 overstated the number of shares sold by 356 shares, which has also been reflected in Column 5 herein.
  3. 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.
  4. 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 $1.61 to $1.77, inclusive. The amount reflected has been rounded to four decimal points.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.
  5. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class B common stock. The restricted stock units vest in three remaining substantially equal quarterly installments.
  6. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class B Common Stock. The restricted stock units vest in nine remaining substantially equal quarterly installments.
  7. The Reporting Person's Form 4s subsequent to February 1, 2023 understated the number of shares of Class B common stock held by the Reporting Person by 356 shares, which has been corrected herein.
  8. Each RSU represents the contingent right to receive one share of the Issuer's Class B common stock. The RSUs vest in ten remaining substantially equal quarterly installments.