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

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Daniel Rosensweig
Issuer symbol
RENT
Transactions as of
29 Oct 2021
Net transactions value
+$105,000
Form type
4
Filing time
02 Nov 2021, 21:00:58 UTC
Previous filing
26 Oct 2021
Next filing
01 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Other -45,682 -100% 0 29 Oct 2021 Direct F1
transaction RENT Class A Common Stock Other +45,682 45,682 29 Oct 2021 Direct F1
transaction RENT Class A Common Stock Purchase $105,000 +5,000 +11% $21.00 50,628 29 Oct 2021 Direct
transaction RENT Common Stock Other -3,229 -100% 0 29 Oct 2021 Held by The Rosensweig 2012 Irrevocable Children's Trust F1
transaction RENT Class A Common Stock Other +3,229 3,229 29 Oct 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 -9,334 -100% $0.000000* 0 29 Oct 2021 Common Stock 9,334 $7.01 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 +9,334 $0.000000 9,334 29 Oct 2021 Class A Common Stock 9,334 $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.