Charlean Gmunder - Nov 25, 2021 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role: Chief Operating Officer
Signature: /s/ Meredith Deutsch, as attorney-in-fact for Charlean Gmunder
Stock symbol: APRN
Transactions as of: Nov 25, 2021
Transactions value $: -$66,813
Form type: 4
Date filed: 11/29/2021, 03:42 PM
Next filing: Mar 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+18.5K			18.5K	Nov 25, 2021	Direct	F1
transaction	APRN	Class A Common Stock	Sale	-$66.8K	-6.76K	-36.61%	$9.89	11.7K	Nov 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	-18.5K	-25%	$0.00	55.4K	Nov 25, 2021	Class A Common Stock	18.5K		Direct	F1, F3

* 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, 2020, the reporting person was granted RSUs, scheduled to vest over four years, of which the remaining 55,374 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each February 25, May 25, August 25 and November 25) over the remaining three-year period following the one-year anniversary of November 25, 2020.