Jesse Timmermans - 01 Mar 2025 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Issuer symbol
RVLV
Transactions as of
01 Mar 2025
Net transactions value
-$133,145
Form type
4
Filing time
04 Mar 2025, 16:15:06 UTC
Previous filing
08 Nov 2024
Next filing
08 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock Award $0 +13,569 +444% $0.000000 16,623 01 Mar 2025 Direct F1
transaction RVLV Class A Common Stock Tax liability $133,145 -5,013 -30% $26.56 11,610 01 Mar 2025 Direct F2

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 Stock Option (right to buy) Award $0 +50,573 $0.000000 50,573 01 Mar 2025 Class A Common Stock 50,573 $26.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equal number of restricted stock units ("RSUs"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. These RSUs were granted subject to performance- and service-based vesting requirements. On February 28, 2025, the Compensation Committee of the Issuer's Board of Directors certified the level of achievement of the performance-based conditions. As a result, vested shares earned based upon such level of achievement were delivered to the reporting person on March 1, 2025.
F2 Represents tax withholding upon the vesting of the RSUs.
F3 The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on March 1, 2026 such that the option is fully vested and exercisable on March 1, 2030, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date.