Elizabeth Huebner - 14 Jun 2021 Form 4 Insider Report for Blue Apron Holdings, Inc.

Role
Director
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Elizabeth Huebner
Issuer symbol
N/A
Transactions as of
14 Jun 2021
Net transactions value
$0
Form type
4
Filing time
15 Jun 2021, 06:40:59 UTC
Next filing
01 Nov 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 +8,334 +35% 32,133 14 Jun 2021 Direct F1

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 -8,334 -100% $0.000000* 0 14 Jun 2021 Class A Common Stock 8,334 Direct F1, F2
transaction APRN Restricted Stock Units Award $0 +12,494 $0.000000 12,494 14 Jun 2021 Class A Common Stock 12,494 Direct F3, F4
* 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 On June 15, 2020, the reporting person was granted 8,334 RSUs, vesting in full on the earlier of June 15, 2021 and the date of the issuer's 2021 annual meeting of stockholders.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F4 The RSUs are scheduled to vest in full on the earlier of June 14, 2022 and the date of the issuer's 2022 annual meeting of stockholders. The Reporting Person has elected to defer settlement of the shares of Class A common stock underlying these RSUs until the earlier of (i) 30 days following the Reporting Person's "separation from service" with the issuer and (ii) a "change in control event," each as defined under Section 409A of the Internal Revenue Code of 1986, as amended.