Highland Management Partners VIII Ltd - 26 Oct 2021 Form 3 Insider Report for Rent the Runway, Inc. (RENT)

Role
10%+ Owner
Signature
Highland Management Partners VIII Limited, By: /s/ Jessica Healey, Authorized Officer
Issuer symbol
RENT
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
3
Filing time
26 Oct 2021, 21:01:54 UTC
Previous filing
02 Aug 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

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
holding RENT Series A Preferred Stock 26 Oct 2021 Common Stock 38,906 See Footnotes F1, F2, F5, F6
holding RENT Series A Preferred Stock 26 Oct 2021 Common Stock 909,974 See Footnotes F1, F3, F5, F6
holding RENT Series A Preferred Stock 26 Oct 2021 Common Stock 2,509,453 See Footnotes F1, F4, F5, F6
holding RENT Series C Preferred Stock 26 Oct 2021 Common Stock 2,541 See Footnotes F1, F2, F5, F6
holding RENT Series C Preferred Stock 26 Oct 2021 Common Stock 59,422 See Footnotes F1, F3, F5, F6
holding RENT Series C Preferred Stock 26 Oct 2021 Common Stock 163,867 See Footnotes F1, F4, F5, F6
holding RENT Series D Preferred Stock 26 Oct 2021 Common Stock 2,706 See Footnotes F1, F2, F5, F6
holding RENT Series D Preferred Stock 26 Oct 2021 Common Stock 63,285 See Footnotes F1, F3, F5, F6
holding RENT Series D Preferred Stock 26 Oct 2021 Common Stock 174,522 See Footnotes F1, F4, F5, F6
holding RENT Series E Preferred Stock 26 Oct 2021 Common Stock 1,962 See Footnotes F1, F2, F5, F6
holding RENT Series E Preferred Stock 26 Oct 2021 Common Stock 45,897 See Footnotes F1, F3, F5, F6
holding RENT Series E Preferred Stock 26 Oct 2021 Common Stock 126,571 See Footnotes F1, F4, F5, F6
holding RENT Series F Preferred Stock 26 Oct 2021 Common Stock 1,007 See Footnotes F1, F2, F5, F6
holding RENT Series F Preferred Stock 26 Oct 2021 Common Stock 23,542 See Footnotes F1, F3, F5, F6
holding RENT Series F Preferred Stock 26 Oct 2021 Common Stock 64,922 See Footnotes F1, F4, F5, F6
holding RENT Series G Preferred Stock 26 Oct 2021 Common Stock 763 See Footnotes F1, F2, F5, F6
holding RENT Series G Preferred Stock 26 Oct 2021 Common Stock 17,850 See Footnotes F1, F3, F5, F6
holding RENT Series G Preferred Stock 26 Oct 2021 Common Stock 49,225 See Footnotes F1, F4, F5, F6
holding RENT Series G Preferred Stock 26 Oct 2021 Common Stock 847,978 See Footnote F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of the Issuer's preferred stock have no expiration date and are convertible at the holder's election into Issuer's Common Stock at a conversion ratio of 1-to-1. The preferred stock will automatically convert into shares of the Issuer's Common Stock, for no additional consideration, upon the closing of the Issuer's initial public offering.
F2 These shares are held of record by Highland Capital Partners VIII-B Limited Partnership ("Highland Capital VIII-B").
F3 These shares are held of record by Highland Capital Partners VIII-C Limited Partnership ("Highland Capital VIII-C").
F4 These shares are held of record by Highland Capital Partners VIII Limited Partnership ("Highland Capital VIII").
F5 Highland Management Partners VIII Limited ("HMP VIII Ltd") is the general partner of Highland Management Partners VIII Limited Partnership ("HMP VIII LP"), which is the general partner of each of Highland Capital VIII-B, Highland Capital VIII-C and Highland Capital VIII (collectively, the "Highland VIII Funds"). Robert Davis, Daniel Nova (a member of the Issuer's board of directors), Paul Maeder and Corey Mulloy (collectively, the "HMP VIII Directors") are the Directors of HMP VIII Ltd and may be deemed to have voting and dispositive power over the shares held by each of the Highland VIII Funds.
F6 (Continued from Footnote 5) Each of the HMP VIII Directors, HMP VIII Ltd and HMP VIII LP disclaims beneficial ownership of the securities held by each of the Highland VIII Funds, except to the extent of their pecuniary interests therein, if any, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any of them is the beneficial owner of any securities reported herein.
F7 These shares are held of record by Highland Leaders Fund I, L.P. ("HLF I"). The general partner of HLF I is Highland Leaders Fund I GP, L.P. ("HLF I GP LP"), whose general partner is Highland Leaders Fund I GP, LLC ("HLF I GP LLC"). Robert Davis, Daniel Nova (a member of the Issuer's board of directors), Paul Maeder, Corey Mulloy and Craig Driscoll (the "HLF I Managing Members") are the Managing Members of HLF I GP LLC and may be deemed to have voting and dispositive power over the shares held by HLF I. Each of HLF I GP LP, HLF I GP LLC, and the HLF I Managing Members disclaims beneficial ownership of the securities held by HLF I, except to the extent of their respective pecuniary interests therein, if any, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any of them is the beneficial owner of any securities reported herein.

Remarks:

Daniel J. Nova is a member of the Issuer's board of directors and files separate Section 16 reports.