Jennifer Hyman - Oct 29, 2021 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Cara Schembri as Attorney-in-fact for Jennifer Y. Hyman
Stock symbol
RENT
Transactions as of
Oct 29, 2021
Transactions value $
-$150,969
Form type
4
Date filed
11/2/2021, 09:00 PM
Previous filing
Oct 26, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Other -1.23M -100% 0 Oct 29, 2021 Direct F1
transaction RENT Common Stock Other -123K -100% 0 Oct 29, 2021 Held by Spouse 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
transaction RENT Class B Common Stock Other +1.1M 1.1M Oct 29, 2021 Class A Common Stock 1.1M Direct F1, F3
transaction RENT Restricted Stock Units Other +129K 129K Oct 29, 2021 Class B Common Stock 129K Direct F1, F2
transaction RENT Restricted Stock Units Options Exercise -12.9K -10% 116K Oct 29, 2021 Class B Common Stock 12.9K Direct F2
transaction RENT Class B Common Stock Options Exercise +12.9K +1.18% 1.11M Oct 29, 2021 Class A Common Stock 12.9K Direct F3
transaction RENT Class B Common Stock Other +123K 123K Oct 29, 2021 Class A Common Stock 123K Held by spouse F1, F3
transaction RENT Restricted Stock Units Award +67.8K 67.8K Oct 29, 2021 Class B Common Stock 67.8K Direct F4
transaction RENT Restricted Stock Units Options Exercise -17K -25% 50.9K Oct 29, 2021 Class B Common Stock 17K Direct F4
transaction RENT Class B Common Stock Options Exercise +17K +1.52% 1.13M Oct 29, 2021 Class A Common Stock 17K Direct F3
transaction RENT Class B Common Stock Tax liability -$151K -7.19K -0.64% $21.00* 1.12M Oct 29, 2021 Class A Common Stock 7.19K Direct F3, F5
transaction RENT Stock Option (Right to Buy) Other $0 -327K -100% $0.00* 0 Oct 29, 2021 Common Stock 327K $2.86 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 +327K $0.00 327K Oct 29, 2021 Class B Common Stock 327K $2.86 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 -192K -100% $0.00* 0 Oct 29, 2021 Common Stock 192K $2.38 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 +192K $0.00 192K Oct 29, 2021 Class B Common Stock 192K $2.38 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 -53.4K -100% $0.00* 0 Oct 29, 2021 Common Stock 53.4K $7.02 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 +53.4K $0.00 53.4K Oct 29, 2021 Class B Common Stock 53.4K $7.02 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 -395K -100% $0.00* 0 Oct 29, 2021 Common Stock 395K $7.66 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 +395K $0.00 395K Oct 29, 2021 Class B Common Stock 395K $7.66 Direct F1, F6
transaction RENT Stock Option (Right to Buy) Other $0 -281K -100% $0.00* 0 Oct 29, 2021 Common Stock 281K $9.89 Direct F1, F7
transaction RENT Stock Option (Right to Buy) Other $0 +281K $0.00 281K Oct 29, 2021 Class B Common Stock 281K $9.89 Direct F1, F7
transaction RENT Stock Option (Right to Buy) Other $0 -515K -100% $0.00* 0 Oct 29, 2021 Common Stock 515K $7.01 Direct F1, F8
transaction RENT Stock Option (Right to Buy) Other $0 +515K $0.00 515K Oct 29, 2021 Class B Common Stock 515K $7.01 Direct F1, F8
transaction RENT Stock Option (Right to Buy) Other $0 -604K -100% $0.00* 0 Oct 29, 2021 Common Stock 604K $7.01 Direct F1, F9
transaction RENT Stock Option (Right to Buy) Other $0 +604K $0.00 604K Oct 29, 2021 Class B Common Stock 604K $7.01 Direct F1, F9
transaction RENT Stock Option (Right to Buy) Other $0 -1.02M -100% $0.00* 0 Oct 29, 2021 Common Stock 1.02M $6.76 Direct F1, F10
transaction RENT Stock Option (Right to Buy) Other $0 +1.02M $0.00 1.02M Oct 29, 2021 Class B Common Stock 1.02M $6.76 Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in 16 substantially equal quarterly installments commencing on February 1, 2022.
F3 Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire.
F4 Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest as to 25% upon the Issuer's initial public offering and in 16 substantially equal quarterly installments thereafter. The RSUs have no expiration date.
F5 These shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations. Not a market sale. The remaining shares reported herein remain subject to a lock-up agreement with the underwriters for the Issuer's initial public offering.
F6 The option is fully vested and exercisable.
F7 The option vests and becomes exercisable as to the underlying shares in 48 substantially equal monthly installments, with the first of such installments vesting on March 1, 2018.
F8 The option vests and becomes exercisable as to the underlying shares in 48 substantially equal monthly installments, with the first of such installments vesting on March 1, 2019.
F9 The option vests and becomes exercisable as to 25% of the underlying shares on July 3, 2020 and in 36 substantially equal montly installments thereafter.
F10 The option vests and becomes exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal monthly installments thereafter.