Matthew B. Salzberg - Jun 14, 2021 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role
Director, 10%+ Owner
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Matthew B. Salzberg
Stock symbol
APRN
Transactions as of
Jun 14, 2021
Transactions value $
$0
Form type
4
Date filed
6/15/2021, 06:43 AM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APRN Class A Common Stock Options Exercise +8.33K +6.48% 137K Jun 14, 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 -8.33K -100% $0.00* 0 Jun 14, 2021 Class A Common Stock 8.33K Direct F1, F2
transaction APRN Restricted Stock Units Award $0 +12.5K $0.00 12.5K Jun 14, 2021 Class A Common Stock 12.5K 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 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.