Linda Findley - Feb 25, 2022 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role
President and CEO, Director
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Linda F. Kozlowski
Stock symbol
APRN
Transactions as of
Feb 25, 2022
Transactions value $
-$39,014
Form type
4
Date filed
3/1/2022, 05:38 PM
Previous filing
Jan 11, 2022
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APRN Class A Common Stock Options Exercise +12.1K +9.3% 142K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Options Exercise +997 +0.7% 143K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Options Exercise +999 +0.7% 144K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Options Exercise +998 +0.69% 145K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Options Exercise +997 +0.69% 146K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Sale -$39K -7.43K -5.08% $5.25 139K Feb 28, 2022 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 -12.1K -18.32% $0.00 54K Feb 25, 2022 Class A Common Stock 12.1K Direct F1, F3
transaction APRN Restricted Stock Units Options Exercise $0 -997 -11.11% $0.00 7.98K Feb 25, 2022 Class A Common Stock 997 Direct F1, F4
transaction APRN Restricted Stock Units Options Exercise $0 -999 -11.12% $0.00 7.99K Feb 25, 2022 Class A Common Stock 999 Direct F1, F5
transaction APRN Restricted Stock Units Options Exercise $0 -998 -11.12% $0.00 7.98K Feb 25, 2022 Class A Common Stock 998 Direct F1, F6
transaction APRN Restricted Stock Units Options Exercise $0 -997 -11.11% $0.00 7.98K Feb 25, 2022 Class A Common Stock 997 Direct F1, F7
transaction APRN Restricted Stock Units Award $0 +93.4K $0.00 93.4K Feb 25, 2022 Class A Common Stock 93.4K Direct F1, F8
transaction APRN Performance Stock Units Award $0 +93.4K $0.00 93.4K Feb 25, 2022 Class A Common Stock 93.4K Direct F9, F10
* 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 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 May 25, 2019, the reporting person was granted 193,572 RSUs, scheduled to vest over four years, with 3.38% of the RSUs vesting on May 25, 2019, 6.25% of the RSUs vesting in equal quarterly installments (on each August 25, November 25, February 25 and May 25) over the following 15 quarterly periods, and the remaining 2.87% of the RSUs vesting on May 25, 2023.
F4 On February 27, 2020, the reporting person was granted RSUs, scheduled to vest over four years, of which the remaining 7,980 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each May 25, August 25, November 25 and February 25) through February 25, 2024.
F5 On May 25, 2020, the reporting person was granted RSUs, of which the remaining 7,986 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each August 25, November 25, February 25 and May 25) through February 25, 2024.
F6 On August 25, 2020, the reporting person was granted RSUs, of which the remaining 7,979 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each November 25, February 25, May 25, and August 25) through February 25, 2024.
F7 On November 25, 2020, the reporting person was granted RSUs, of which the remaining 7,980 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each February 25, May 25, August 25, and November 25) through February 25, 2024.
F8 On February 25, 2022, the reporting person was granted RSUs, which vest in equal quarterly installments (on each May 25, August 25, November 25, and February 25) through February 25, 2025.
F9 Each performance stock unit ("PSU") represents the right to receive one share of Class A Common Stock.
F10 On February 25, 2022, the reporting person was granted PSUs. The number of PSUs that could be earned and vest under this grant depend on the issuer's total shareholder return ("TSR") over the performance period beginning February 25, 2022 and ending February 25, 2025 relative to the TSR of the group companies in the Russell 2000 Index. The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount.