Irina Krechmer - 25 May 2021 Form 4 Insider Report for Blue Apron Holdings, Inc.

Role: Chief Technology Officer
Signature: /s/ Meredith Deutsch, as attorney-in-fact for Irina Krechmer
Issuer symbol: N/A
Transactions as of: 25 May 2021
Net transactions value: -$13,026
Form type: 4
Filing time: 27 May 2021, 17:40:08 UTC
Next filing: 27 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+4,868	+22%		26,679	25 May 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+468	+1.8%		27,147	25 May 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+469	+1.7%		27,616	25 May 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+468	+1.7%		28,084	25 May 2021	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+468	+1.7%		28,552	25 May 2021	Direct	F1
transaction	APRN	Class A Common Stock	Sale	$13,026	-2,757	-9.7%	$4.72	25,795	26 May 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	-4,868	-10%	$0.000000	43,812	25 May 2021	Class A Common Stock	4,868		Direct	F1, F3
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-468	-8.3%	$0.000000	5,157	25 May 2021	Class A Common Stock	468		Direct	F1, F4
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-469	-8.3%	$0.000000	5,161	25 May 2021	Class A Common Stock	469		Direct	F1, F5
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-468	-8.3%	$0.000000	5,158	25 May 2021	Class A Common Stock	468		Direct	F1, F6
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-468	-8.3%	$0.000000	5,157	25 May 2021	Class A Common Stock	468		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 August 25, 2019, the reporting person was granted 77,886 RSUs, with 25% of the RSUs scheduled to vest on the one-year anniversary of August 25, 2019, and the remaining RSUs are scheduled to vest 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 August 25, 2019.
F4	On February 27, 2020, the reporting person was granted 7,500 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 7,500 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 through February 25, 2024.
F6	On August 25, 2020, the reporting person was granted 7,500 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 7,500 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.