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

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Jennifer Fleiss
Issuer symbol
RENT
Transactions as of
29 Oct 2021
Net transactions value
$0
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 Common Stock Other -626,281 -100% 0 29 Oct 2021 Direct 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 Restricted Stock Units Other +20,640 20,640 29 Oct 2021 Class B Common Stock 20,640 Direct F1, F2
transaction RENT Class B Common stock Other +605,641 605,641 29 Oct 2021 Class A Common Stock 605,641 Direct F1, F3
transaction RENT Restricted Stock Units Options Exercise -3,440 -17% 17,200 01 Nov 2021 Class B Common Stock 3,440 Direct F2
transaction RENT Class B Common stock Options Exercise $0 +3,440 +0.57% $0.000000 609,081 01 Nov 2021 Class A Common Stock 3,440 Direct F3
* 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 units ("RSUs") represents a contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in 6 substantially equal quarterly installments commencing on February 1, 2022. The RSUs have no expiration date.
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.