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

Role
Chief People Officer
Signature
/s/ Cara Schembri as Attorney-in-fact for Andrea Alexander
Issuer symbol
RENT
Transactions as of
29 Oct 2021
Net transactions value
+$16,800
Form type
4
Filing time
02 Nov 2021, 21:00:52 UTC
Previous filing
26 Oct 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Purchase $14,700 +700 $21.00* 700 29 Oct 2021 Direct
transaction RENT Class A Common Stock Purchase $2,100 +100 $21.00* 100 29 Oct 2021 Held by spouse

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 Stock Option (Right to Buy) Other $0 -175,000 -100% $0.000000* 0 29 Oct 2021 Common Stock 175,000 $8.92 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 +175,000 $0.000000 175,000 29 Oct 2021 Class A Common Stock 175,000 $8.92 Direct F1, F2
* 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 A Common Stock in an exempt transaction pursuant to Rule 16b-7.
F2 The option vests and becomes exercisable as to 25% of the underlying shares on June 21, 2022 and in 36 substantially equal monthly installments thereafter.