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
- 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.
- 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.
- 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 $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.
- 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.
- 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.
- 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.
- 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.