BETH J. KAPLAN - 26 Oct 2021 Form 3 Insider Report for Rent the Runway, Inc. (RENT)

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Beth Kaplan
Issuer symbol
RENT
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
3
Filing time
26 Oct 2021, 21:06:57 UTC
Previous filing
04 Oct 2021
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 207,309 26 Oct 2021 See Footnote F1
holding RENT Common Stock 517,562 26 Oct 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) 26 Oct 2021 Common Stock 55,167 $5.10 Direct F3
holding RENT Series D Preferred Stock 26 Oct 2021 Common Stock 145,701 See Footnote F1, F4
holding RENT Series E Preferred Stock 26 Oct 2021 Common Stock 15,212 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.