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

Role
Director, 10%+ Owner
Signature
/s/ Scott Friend
Stock symbol
RENT
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 09:28 PM
Previous filing
Oct 26, 2021
Next filing
Jul 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Conversion of derivative security +3.99M +825.25% 4.48M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +1.69M +37.79% 6.17M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +370K +6.01% 6.54M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +395K +6.05% 6.93M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +550K +7.94% 7.48M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +558K +7.46% 8.04M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Conversion of derivative security +135K +1.68% 8.18M Oct 29, 2021 See footnotes F1, F3, F4
transaction RENT Common Stock Other -8.18M -100% 0 Oct 29, 2021 See footnotes F2, F3, F4
transaction RENT Class A Common Stock Other +8.18M 8.18M Oct 29, 2021 See footnotes F2, F3, F4

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 Seed Series Convertible Preferred Stock Conversion of derivative security -3.99M -100% 0 Oct 29, 2021 Common Stock 3.99M See footnotes F1, F3, F4
transaction RENT Series A Convertible Preferred Stock Conversion of derivative security -1.69M -100% 0 Oct 29, 2021 Common Stock 1.69M See footnotes F1, F3, F4
transaction RENT Series C Convertible Preferred Stock Conversion of derivative security -370K -100% 0 Oct 29, 2021 Common Stock 370K See footnotes F1, F3, F4
transaction RENT Series D Convertible Preferred Stock Conversion of derivative security -395K -100% 0 Oct 29, 2021 Common Stock 395K See footnotes F1, F3, F4
transaction RENT Series E Convertible Preferred Stock Conversion of derivative security -550K -100% 0 Oct 29, 2021 Common Stock 550K See footnotes F1, F3, F4
transaction RENT Series F Convertible Preferred Stock Conversion of derivative security -558K -100% 0 Oct 29, 2021 Common Stock 558K See footnotes F1, F3, F4
transaction RENT Series G Convertible Preferred Stock Conversion of derivative security -135K -100% 0 Oct 29, 2021 Common Stock 135K See footnotes F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Seed Series, Series A, Series C, Series D, Series E, Series F and Series G Convertible Preferred Stock automatically converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. These shares had no expiration date.
F2 Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was reclassified into one share of Class A Common Stock upon the closing of the Issuer's initial public offering.
F3 Consists of securities held by Bain Capital Venture Fund 2009, L.P. ("BCV Fund 2009"), BCIP Venture Associates ("BCIP Venture") and BCIP Venture Associates-B ("BCIP Venture-B" and, together with BCV Fund 2009 and BCIP Venture, the "Bain Capital Venture Entities").
F4 Bain Capital Venture Investors, LLC ("BCVI") (i) is the ultimate general partner of BCV Fund 2009 and (ii) governs the investment strategy and decision-making process with respect to investments held by each of BCIP Venture and BCIP Venture-B. Mr. Friend is a Managing Director of BCVI. By virtue of the relationships described in this footnote, Mr. Friend may be deemed to share voting and dispositive power with respect to the securities held by the Bain Capital Venture Entities. Mr. Friend disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.