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

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Beth Kaplan
Stock symbol
RENT
Transactions as of
Oct 26, 2021
Transactions value $
$0
Form type
3
Date filed
10/26/2021, 09:06 PM
Previous filing
Oct 4, 2021
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RENT Common Stock 207K Oct 26, 2021 See Footnote F1
holding RENT Common Stock 518K Oct 26, 2021 Direct F2

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 55.2K $5.10 Direct F3
holding RENT Series D Preferred Stock Oct 26, 2021 Common Stock 146K See Footnote F1, F4
holding RENT Series E Preferred Stock Oct 26, 2021 Common Stock 15.2K See Footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held Directly by Axcel Partners VIII, LLC. The Reporting Person is the managing member of Axcel Partners LLC, and may be deemed to have voting and dispositive power over the shares held by Axcel Partners VIII, LLC.
F2 Includes 20,640 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 six substantially equal quarterly installments commencing on November 1, 2021. The RSUs have no expiration date.
F3 The option is fully vested and exercisable.
F4 The shares of the Issuer's preferred stock have no expiration date and are convertible, at the holder's election, into the 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.

Remarks:

Exhibit 24.1 - Power of Attorney.