Meredith Deutsch - May 25, 2021 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role: General Counsel & Corp. Sec'y
Signature: /s/ Meredith L. Deutsch
Stock symbol: APRN
Transactions as of: May 25, 2021
Transactions value $: -$10,017
Form type: 4
Date filed: 5/27/2021, 05:34 PM
Next filing: Aug 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+3.12K	+23.66%		16.3K	May 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+417	+2.56%		16.7K	May 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+417	+2.49%		17.1K	May 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+416	+2.43%		17.5K	May 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+416	+2.37%		18K	May 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Sale	-$10K	-2.12K	-11.8%	$4.72	15.8K	May 26, 2021	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	APRN	Restricted Stock Units	Options Exercise	$0	-3.12K	-9.09%	$0.00	31.2K	May 25, 2021	Class A Common Stock	3.12K		Direct	F1, F3
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-417	-8.34%	$0.00	4.58K	May 25, 2021	Class A Common Stock	417		Direct	F1, F4
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-417	-8.33%	$0.00	4.59K	May 25, 2021	Class A Common Stock	417		Direct	F1, F5
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-416	-8.32%	$0.00	4.59K	May 25, 2021	Class A Common Stock	416		Direct	F1, F6
transaction	APRN	Resricted Stock Units	Options Exercise	$0	-416	-8.32%	$0.00	4.59K	May 25, 2021	Class A Common Stock	416		Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
F2	Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale does not represent a discretionary trade by the reporting person.
F3	On November 25, 2019, the reporting person was granted 49,889 RSUs, scheduled to vest over four years, with 25% of the RSUs vesting on the one-year anniversary of November 25, 2019 and the remaining RSUs vesting in quarterly installments (on each November 25, February 25, May 25, and August 25) over the remaining three-year period following the one-year anniversary of November 25, 2019.
F4	On February 27, 2020, the reporting person was granted 6,667 RSUs, scheduled to vest over four years in quarterly installments, with 6.25% of the RSUs vesting on each May 25, August 25, November 25 and February 25 over the four-year period through February 25, 2024.
F5	On May 25, 2020, the reporting person was granted 6,667 RSUs, scheduled to vest over four years in quarterly installments, with 8.3125% of the RSUs scheduled to vest on each of August 25, 2020, November 25, 2020 and February 25, 2021, and with 6.25% of the remainder vesting on each August 25, November 25, February 25 and May 25 thereafter through February 25, 2024.
F6	On August 25, 2020, the reporting person was granted 6,667 RSUs, with 12.5% of the RSUs scheduled to vest on each of November 25, 2020 and February 25, 2021 and the remainder scheduled to vest thereafter in quarterly installments, with 6.25% of the remainder vesting on each May 25, August 25, November 25, and February 25 through February 25, 2024.
F7	On November 25, 2020, the reporting person was granted 6,667 RSUs, with 25% scheduled to vest on February 25, 2021 and the remainder scheduled to vest thereafter in equal quarterly installments, with 6.25% of the remainder vesting on each May 25, August 25, November 25, and February 25 through February 25, 2024.