Cara Schembri - Oct 26, 2021 Form 3 Insider Report for Rent the Runway, Inc. (RENT)

Role
GC & Secretary
Signature
/s/ Cara Schembri
Stock symbol
RENT
Transactions as of
Oct 26, 2021
Transactions value $
$0
Form type
3
Date filed
10/26/2021, 09:02 PM
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RENT Common Stock 33.6K Oct 26, 2021 Direct F1

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 Stock Option (Right to Buy) Oct 26, 2021 Common Stock 110K $7.01 Direct F2
holding RENT Stock Option (Right to Buy) Oct 26, 2021 Common Stock 136K $6.76 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,067 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 11 quarterly installments with the first of such installments on November 1, 2021. The RSUs have no expiration date.
F2 The option vests and becomes exercisable as to 25% of the underlying shares on December 2, 2020 and in 36 substantially equal installments thereafter.
F3 The option vests and becomes exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal installments thereafter.

Remarks:

Exhibit 24.1 - Power of Attorney.