Scott Friend - Jul 13, 2022 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Signature
/s/ Scott Friend
Stock symbol
RENT
Transactions as of
Jul 13, 2022
Transactions value $
$0
Form type
4
Date filed
7/15/2022, 09:15 PM
Previous filing
Nov 2, 2021
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Common Stock Award $0 +14.8K $0.00 14.8K Jul 13, 2022 Direct F1
holding RENT Common Stock 8.18M Jul 13, 2022 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a restricted stock unit representing a contingent right to receive 14,758 shares of the Issuer's common stock upon the earliest of (i) the one-year anniversary of the grant date and (ii) the Issuer's next annual meeting of stockholders, provided that Mr. Friend continues to provide services to the Issuer through such vesting date.
F2 Consists of shares of the Issuer's common stock 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").
F3 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 shares of the Issuer's common stock held by the Bain Capital Venture Entities. Mr. Friend disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.