Sarah K. Tam - Oct 29, 2021 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Merchant Officer
Signature
/s/ Cara Schembri as Attorney-in-fact for Sarah K. Tam
Stock symbol
RENT
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 09:01 PM
Previous filing
Oct 26, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Other -44.7K -100% 0 Oct 29, 2021 Direct F1
transaction RENT Class A Common Stock Other +44.7K 44.7K Oct 29, 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 Stock Option (Right to Buy) Other $0 -25K -100% $0.00* 0 Oct 29, 2021 Common Stock 25K $5.10 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 +25K $0.00 25K Oct 29, 2021 Class A Common Stock 25K $5.10 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 -100K -100% $0.00* 0 Oct 29, 2021 Common Stock 100K $7.02 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 +100K $0.00 100K Oct 29, 2021 Class A Common Stock 100K $7.02 Direct F1, F2
transaction RENT Stock Option (Right to Buy) Other $0 -50K -100% $0.00* 0 Oct 29, 2021 Common Stock 50K $7.01 Direct F1, F3
transaction RENT Stock Option (Right to Buy) Other $0 +50K $0.00 50K Oct 29, 2021 Class A Common Stock 50K $7.01 Direct F1, F3
transaction RENT Stock Option (Right to Buy) Other $0 -136K -100% $0.00* 0 Oct 29, 2021 Common Stock 136K $6.76 Direct F1, F4
transaction RENT Stock Option (Right to Buy) Other $0 +136K $0.00 136K Oct 29, 2021 Class A Common Stock 136K $6.76 Direct F1, F4
* 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 is fully vested and exercisable
F3 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.
F4 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.