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

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Daniel Rosensweig
Stock symbol
RENT
Transactions as of
Oct 29, 2021
Transactions value $
$105,000
Form type
4
Date filed
11/2/2021, 09:00 PM
Previous filing
Oct 26, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Other -45.7K -100% 0 Oct 29, 2021 Direct F1
transaction RENT Class A Common Stock Other +45.7K 45.7K Oct 29, 2021 Direct F1
transaction RENT Class A Common Stock Purchase $105K +5K +10.96% $21.00 50.6K Oct 29, 2021 Direct
transaction RENT Common Stock Other -3.23K -100% 0 Oct 29, 2021 Held by The Rosensweig 2012 Irrevocable Children's Trust F1
transaction RENT Class A Common Stock Other +3.23K 3.23K Oct 29, 2021 Held by The Rosensweig 2012 Irrevocable Children's Trust 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 Stock Option (Right to Buy) Other $0 -9.33K -100% $0.00* 0 Oct 29, 2021 Common Stock 9.33K $7.01 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 +9.33K $0.00 9.33K Oct 29, 2021 Class A Common Stock 9.33K $7.01 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 July 3, 2020 and in 36 substantially equal monthly installments thereafter.