Filing Details
- Accession Number:
- 0001468327-24-000086
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-19 17:20:35
- Reporting Period:
- 2024-03-15
- Accepted Time:
- 2024-03-19 17:20:35
- 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 |
|---|---|---|---|---|---|---|---|
| 1888484 | K Sarah Tam | C/O Rent The Runway, Inc. 10 Jay Street Brooklyn NY 11201 | Chief Merchant Officer | No | 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 | 2024-03-15 | 325,000 | $0.00 | 764,429 | No | 4 | A | Direct | |
| Class A Common Stock | Disposition | 2024-03-18 | 48,585 | $0.35 | 715,844 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- This is an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. This award will vest in 8 equal quarterly installments, beginning on June 15, 2024, provided the reporting person remains continuously employed on each vesting date.
- Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
- 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 $0.3330 to $0.38, 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.
Billionaire Hedge Funds
