Matthew Jonathan Alan Thelen - 27 Jan 2022 Form 4 Insider Report for Winc, Inc.

Signature
/s/ Matthew Thelen
Issuer symbol
N/A
Transactions as of
27 Jan 2022
Net transactions value
$0
Form type
4
Filing time
31 Jan 2022, 17:13:30 UTC
Previous filing
26 Oct 2021
Next filing
13 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Award $0 +37,613 +22% $0.000000 206,969 27 Jan 2022 Direct F1
holding WBEVQ Common Stock 31,250 27 Jan 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units (RSUs), which will vest with respect to 25% of the RSUs on January 1, 2023, and the remaining 75% of the RSUs will vest in 16 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
F2 Represents securities held of record by Little Lion's Share LLC. The Reporting Person may be deemed to beneficially own shares held by Little Lion's Share LLC by virtue of his shared control over Little Lion's Share LLC.

Remarks:

Title of Reporting Person: General Counsel and Chief Strategy Officer