Geoffrey McFarlane - Nov 15, 2021 Form 4 Insider Report for Winc, Inc. (WBEVQ)

Role: Chief Executive Officer, Director
Signature: /s/ Matthew Thelen, as attorney-in-fact for Geoffrey McFarlane
Stock symbol: WBEVQ
Transactions as of: Nov 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/17/2021, 05:46 PM
Previous filing: Oct 26, 2021
Next filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WBEVQ	Common Stock	Conversion of derivative security		+4.77K	+3.02%		163K	Nov 15, 2021	See footnote	F1, F2
holding	WBEVQ	Common Stock						932K	Nov 15, 2021	Direct

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	WBEVQ	Series B-1 Preferred Stock	Conversion of derivative security		-4.77K	-100%		0	Nov 15, 2021	Common Stock	4.77K		See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of Series B-1 Preferred Stock converted automatically into one share of Common Stock upon the closing of the Issuer's initial public offering. These shares had no expiration date.
F2	Represents securities held of record by the McFarlane Family Trust. The Reporting Person may be deemed to beneficially own shares held by the McFarlane Family Trust by virtue of his shared control over the McFarlane Family Trust.