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

Role: Director, 10%+ Owner
Signature: /s/ Scott Friend
Issuer symbol: RENT
Transactions as of: 29 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2021, 21:28:53 UTC
Previous filing: 26 Oct 2021
Next filing: 15 Jul 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	Conversion of derivative security		+3,992,000	+825%		4,475,732	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+1,691,175	+38%		6,166,907	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+370,369	+6%		6,537,276	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+395,193	+6%		6,932,469	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+550,469	+7.9%		7,482,938	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+558,074	+7.5%		8,041,012	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+135,406	+1.7%		8,176,418	29 Oct 2021	See footnotes	F1, F3, F4
transaction	RENT	Common Stock	Other		-8,176,418	-100%		0	29 Oct 2021	See footnotes	F2, F3, F4
transaction	RENT	Class A Common Stock	Other		+8,176,418			8,176,418	29 Oct 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		-3,992,000	-100%		0	29 Oct 2021	Common Stock	3,992,000		See footnotes	F1, F3, F4
transaction	RENT	Series A Convertible Preferred Stock	Conversion of derivative security		-1,691,175	-100%		0	29 Oct 2021	Common Stock	1,691,175		See footnotes	F1, F3, F4
transaction	RENT	Series C Convertible Preferred Stock	Conversion of derivative security		-370,369	-100%		0	29 Oct 2021	Common Stock	370,369		See footnotes	F1, F3, F4
transaction	RENT	Series D Convertible Preferred Stock	Conversion of derivative security		-395,193	-100%		0	29 Oct 2021	Common Stock	395,193		See footnotes	F1, F3, F4
transaction	RENT	Series E Convertible Preferred Stock	Conversion of derivative security		-550,469	-100%		0	29 Oct 2021	Common Stock	550,469		See footnotes	F1, F3, F4
transaction	RENT	Series F Convertible Preferred Stock	Conversion of derivative security		-558,074	-100%		0	29 Oct 2021	Common Stock	558,074		See footnotes	F1, F3, F4
transaction	RENT	Series G Convertible Preferred Stock	Conversion of derivative security		-135,406	-100%		0	29 Oct 2021	Common Stock	135,406		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.