THC Shared Abacus, LP - Sep 18, 2024 Form 4 Insider Report for Honest Company, Inc. (HNST)

Role
10%+ Owner
Signature
THC Shared Abacus, LP By: C8 Management, L.L.C., its General Partner By: /s/ J. Michael Chu
Stock symbol
HNST
Transactions as of
Sep 18, 2024
Transactions value $
-$8,050,000
Form type
4
Date filed
9/20/2024, 04:47 PM
Previous filing
May 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Sale -$8.05M -2.3M -18.9% $3.50 9.87M Sep 18, 2024 Direct F1, F3
holding HNST Common Stock 109K Sep 18, 2024 See Footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

THC Shared Abacus, LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares are held by THC Shared Abacus, LP. C8 Management, L.L.C. is the general partner of THC Shared Abacus, LP, and J. Michael Chu and Scott A. Dahnke are the controlling managing members of C8 Management, L.L.C. Each of the reporting persons disclaim, for purposes of Section 16 of the Securities and Exchange Act of 1934, beneficial ownership of such shares except to the extent of his pecuniary interest therein. The address of the entities and individuals mentioned in this footnote is 599 West Putnam Avenue, Greenwich, CT 06830.
F2 The reported securities are directly held, 13,996 by Scott A. Dahnke and 85,027 by Avik Pramanik, for the benefit of L Catterton VIII, L.P and L Catterton VIII Offshore, L.P. (together, "L Catterton VIII"), pursuant to Nominee and Indemnity Agreements. L Catterton VIII, together with Catterton Managing Partner VIII, L.L.C as the general partner of L Catterton VIII, and C8 Management, L.L.C, as the managing member of Catterton Managing Partner VIII, L.L.C., may be deemed to have shared beneficial ownership of the reported securities received by Mssrs. Dahnke and Pramanik as equity awards from the Issuer.
F3 Each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.