Michael Karanikolas - Apr 5, 2022 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Role
CO-CHIEF EXECUTIVE OFFICER, Director, More than 10% owner
Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Stock symbol
RVLV
Transactions as of
Apr 5, 2022
Transactions value $
-$8,700,950
Form type
4
Date filed
4/7/2022, 09:08 PM
Previous filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock +Conversion of derivative security $0 +64,003 $0.00 64,003 Apr 5, 2022 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock -Sell -$1,342,063 -25,222 -39.41% $53.21 38,781 Apr 5, 2022 By MMMK Development, Inc. F2, F3, F4
transaction RVLV Class A Common Stock -Sell -$1,418,457 -26,065 -67.21% $54.42 12,716 Apr 5, 2022 By MMMK Development, Inc. F2, F3, F5
transaction RVLV Class A Common Stock -Sell -$358,364 -6,471 -50.89% $55.38 6,245 Apr 5, 2022 By MMMK Development, Inc. F2, F3, F6
transaction RVLV Class A Common Stock -Sell -$260,150 -4,629 -74.12% $56.20 1,616 Apr 5, 2022 By MMMK Development, Inc. F2, F3, F7
transaction RVLV Class A Common Stock -Sell -$92,581 -1,616 -100% $57.29 0 Apr 5, 2022 By MMMK Development, Inc. F2, F3, F8
transaction RVLV Class A Common Stock +Conversion of derivative security $0 +33,202 $0.00 33,202 Apr 6, 2022 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock -Sell -$1,732,812 -33,202 -100% $52.19 0 Apr 6, 2022 By MMMK Development, Inc. F2, F3, F9
transaction RVLV Class A Common Stock +Conversion of derivative security $0 +66,211 $0.00 66,211 Apr 7, 2022 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock -Sell -$1,488,270 -28,348 -42.81% $52.50 37,863 Apr 7, 2022 By MMMK Development, Inc. F2, F3, F10
transaction RVLV Class A Common Stock -Sell -$2,008,254 -37,863 -100% $53.04 0 Apr 7, 2022 By MMMK Development, Inc. F2, F3, F11
holding RVLV Class A Common Stock 123,000 Apr 5, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RVLV Class B Common Stock -Conversion of derivative security $0 -64,003 -0.2% $0.00 32,661,201 Apr 5, 2022 Class A Common Stock 64,003 By MMMK Development, Inc. F1, F2
transaction RVLV Class B Common Stock -Conversion of derivative security $0 -33,202 -0.1% $0.00 32,627,999 Apr 6, 2022 Class A Common Stock 33,202 By MMMK Development, Inc. F1, F2
transaction RVLV Class B Common Stock -Conversion of derivative security $0 -66,211 -0.2% $0.00 32,561,788 Apr 7, 2022 Class A Common Stock 66,211 By MMMK Development, Inc. F1, F2

Explanation of Responses:

Id Content
F1 Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock.
F2 The reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $52.87 to $53.85, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F5 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $53.92 to $54.91, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F6 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $54.92 to $55.90, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F7 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $55.92 to $56.74, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F8 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $56.92 to $57.63, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F9 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $51.86 to $52.60, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F10 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $51.87 to $52.86, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F11 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $52.865 to $53.38, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.