Scarlett O'Sullivan - Oct 29, 2021 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role: Chief Financial Officer
Signature: /s/ Cara Schembri as Attorney-in-fact for Scarlett O'Sullivan
Stock symbol: RENT
Transactions as of: Oct 29, 2021
Transactions value $: $63,000
Form type: 4
Date filed: 11/2/2021, 09:01 PM
Previous filing: Oct 26, 2021
Next filing: Feb 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RENT	Common Stock	Other		-161K	-100%		0	Oct 29, 2021	Direct	F1
transaction	RENT	Class A Common Stock	Other		+161K			161K	Oct 29, 2021	Direct	F1
transaction	RENT	Class A Common Stock	Award		+67.8K	+42.14%		229K	Oct 29, 2021	Direct	F2
transaction	RENT	Class A Common Stock	Purchase	$31.5K	+1.5K		$21.00^*	1.5K	Oct 29, 2021	Held by spouse
transaction	RENT	Class A Common Stock	Purchase	$31.5K	+1.5K		$21.00^*	1.5K	Oct 29, 2021	Held by child

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	-336K	-100%	$0.00^*	0	Oct 29, 2021	Common Stock	336K	$5.10	Direct	F1, F3
transaction	RENT	Stock Option (Right to Buy)	Other	$0	+336K		$0.00	336K	Oct 29, 2021	Class A Common Stock	336K	$5.10	Direct	F1, F3
transaction	RENT	Stock Option (Right to Buy)	Other	$0	-173K	-100%	$0.00^*	0	Oct 29, 2021	Common Stock	173K	$7.66	Direct	F1, F3
transaction	RENT	Stock Option (Right to Buy)	Other	$0	+173K		$0.00	173K	Oct 29, 2021	Class A Common Stock	173K	$7.66	Direct	F1, F3
transaction	RENT	Stock Option (Right to Buy)	Other	$0	-25K	-100%	$0.00^*	0	Oct 29, 2021	Common Stock	25K	$7.01	Direct	F1, F4
transaction	RENT	Stock Option (Right to Buy)	Other	$0	+25K		$0.00	25K	Oct 29, 2021	Class A Common Stock	25K	$7.01	Direct	F1, F4
transaction	RENT	Stock Option (Right to Buy)	Other	$0	-502K	-100%	$0.00^*	0	Oct 29, 2021	Common Stock	502K	$6.76	Direct	F1, F5
transaction	RENT	Stock Option (Right to Buy)	Other	$0	+502K		$0.00	502K	Oct 29, 2021	Class A Common Stock	502K	$6.76	Direct	F1, F5

* 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	Includes 50,881 RSUs, each of which respresents a contingent right to receive one share of the Issuer's Class A 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.
F3	The option is fully vested and exercisable.
F4	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.
F5	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.