Sarah K. Tam - 26 Oct 2021 Form 3 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Merchant Officer
Signature
/s/ Cara Schembri as Attorney-in-fact for Sarah Tam
Issuer symbol
RENT
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
3
Filing time
26 Oct 2021, 21:06:03 UTC
Next filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RENT Common Stock 44,735 26 Oct 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) 26 Oct 2021 Common Stock 25,000 $5.10 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 100,000 $7.02 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 50,000 $7.01 Direct F3
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 135,700 $6.76 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 27,960 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest as to the underlying shares in 10 substantially equal quarterly installments commencing on November 1, 2021. The RSUs have no expiration date.
F2 This option is fully vested and exercisable.
F3 This option vests and becomes exercisable as to 25% of the underlying shares on July 3, 2020 and in 36 substantially equal monthly installments thereafter.
F4 This option vests and becomes exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal monthly installments thereafter.

Remarks:

Exhibit 24.1 - Power of Attorney.