Joel Cutler - Dec 10, 2021 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Role
Director
Signature
/s/ Christopher McCain, Attorney-in-Fact for Joel Cutler
Stock symbol
WRBY
Transactions as of
Dec 10, 2021
Transactions value $
-$12,179,925
Form type
4
Date filed
12/14/2021, 06:43 PM
Previous filing
Dec 10, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Sale -$993K -21.5K -1.76% $46.19 1.2M Dec 10, 2021 Directly held by General Catalyst Group V, L.P. F1, F2, F3
transaction WRBY Class A Common Stock Sale -$4.25M -91.2K -7.62% $46.65 1.11M Dec 10, 2021 Directly held by General Catalyst Group V, L.P. F3, F4
transaction WRBY Class A Common Stock Sale -$126K -2.73K -1.79% $46.19 149K Dec 10, 2021 Directly held by GC Entrepreneurs Fund V, L.P. F1, F2, F3
transaction WRBY Class A Common Stock Sale -$539K -11.6K -7.74% $46.65 138K Dec 10, 2021 Directly held by GC Entrepreneurs Fund V, L.P. F3, F4
transaction WRBY Class A Common Stock Sale -$5.03M -110K -9.97% $45.65 996K Dec 13, 2021 Directly held by General Catalyst Group V, L.P. F3, F5
transaction WRBY Class A Common Stock Sale -$528K -11.3K -1.14% $46.64 985K Dec 13, 2021 Directly held by General Catalyst Group V, L.P. F3, F6
transaction WRBY Class A Common Stock Sale -$638K -14K -10.14% $45.65 124K Dec 13, 2021 Directly held by GC Entrepreneurs Fund V, L.P. F3, F5
transaction WRBY Class A Common Stock Sale -$66.9K -1.44K -1.16% $46.64 122K Dec 13, 2021 Directly held by GC Entrepreneurs Fund V, L.P. F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.50 to $46.45, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, 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 in this footnote.
F2 The total number of shares of Class A Common Stock is adjusted to correct for a prior administrative error with respect to the number of shares of Class A Common Stock reported to be held by the Reporting Person.
F3 General Catalyst GP V, LLC ("GCGPV"), is the general partner of General Catalyst Partners V, L.P., which is the general partner of General Catalyst Group V, L.P. ("GCGV"), General Catalyst Group V Supplemental, L.P. ("GCGVS") and GC Entrepreneurs Fund V, L.P. ("GCEV"). Joel Cutler and David Fialkow are managing directors of GCGPV, and, as a result, may be deemed to share voting and investment power with respect to the shares held by GCGV, GCGVS, and GCEV. However, the Reporting Person disclaims beneficial ownership over such shares except to the extent of his or its pecuniary interest therein, if any.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.45 to $47.25, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, 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 in this footnote.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.25 to $46.16, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, 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 in this footnote.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.21 to $47.01, inclusive. The Reporting Persons undertakes to provide to the Issuer, any security holder, 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 in this footnote.