Michael Mente - 18 Dec 2024 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Issuer symbol
RVLV
Transactions as of
18 Dec 2024
Net transactions value
-$7,329,379
Form type
4
Filing time
20 Dec 2024, 19:29:48 UTC
Previous filing
04 Dec 2024
Next filing
10 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock Conversion of derivative security $0 +76,835 $0.000000 76,835 18 Dec 2024 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock Sale $1,361,385 -40,907 -53% $33.28 35,928 18 Dec 2024 By MMMK Development, Inc. F2, F3, F4
transaction RVLV Class A Common Stock Sale $502,712 -14,682 -41% $34.24 21,246 18 Dec 2024 By MMMK Development, Inc. F2, F3, F5
transaction RVLV Class A Common Stock Sale $320,076 -9,106 -43% $35.15 12,140 18 Dec 2024 By MMMK Development, Inc. F2, F3, F6
transaction RVLV Class A Common Stock Sale $434,354 -12,012 -99% $36.16 128 18 Dec 2024 By MMMK Development, Inc. F2, F3, F7
transaction RVLV Class A Common Stock Sale $4,718 -128 -100% $36.86 0 18 Dec 2024 By MMMK Development, Inc. F2, F3, F8
transaction RVLV Class A Common Stock Conversion of derivative security $0 +75,568 $0.000000 75,568 19 Dec 2024 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock Sale $2,110,080 -62,281 -82% $33.88 13,287 19 Dec 2024 By MMMK Development, Inc. F2, F3, F9
transaction RVLV Class A Common Stock Sale $460,262 -13,287 -100% $34.64 0 19 Dec 2024 By MMMK Development, Inc. F2, F3, F10
transaction RVLV Class A Common Stock Conversion of derivative security $0 +62,441 $0.000000 62,441 20 Dec 2024 By MMMK Development, Inc. F1, F2
transaction RVLV Class A Common Stock Sale $1,801,977 -52,782 -85% $34.14 9,659 20 Dec 2024 By MMMK Development, Inc. F2, F3, F11
transaction RVLV Class A Common Stock Sale $333,815 -9,659 -100% $34.56 0 20 Dec 2024 By MMMK Development, Inc. F2, F3, F12
holding RVLV Class A Common Stock 73,000 18 Dec 2024 Direct

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 RVLV Class B Common Stock Conversion of derivative security $0 -76,835 -0.24% $0.000000 31,604,008 18 Dec 2024 Class A Common Stock 76,835 By MMMK Development, Inc. F1, F2
transaction RVLV Class B Common Stock Conversion of derivative security $0 -75,568 -0.24% $0.000000 31,528,440 19 Dec 2024 Class A Common Stock 75,568 By MMMK Development, Inc. F1, F2
transaction RVLV Class B Common Stock Conversion of derivative security $0 -62,441 -0.2% $0.000000 31,465,999 20 Dec 2024 Class A Common Stock 62,441 By MMMK Development, Inc. F1, F2
holding RVLV Class B Common Stock 35,331 18 Dec 2024 Class A Common Stock 35,331 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock.
F2 The reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by MMMK Development, Inc. on August 15, 2024.
F4 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $32.74 to $33.73, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.74 to $34.72, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.75 to $35.73, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F7 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $35.75 to $36.72, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F8 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $36.85 to $36.87, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F9 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.40 to $34.39 inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F10 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.40 to $35.24, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F11 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.48 to $34.47, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F12 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.48 to $34.85, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.