Charlean Gmunder - Feb 25, 2022 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
Feb 25, 2022
Transactions value $
-$10,433
Form type
4
Date filed
3/1/2022, 05:44 PM
Previous filing
Nov 29, 2021
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APRN Class A Common Stock Options Exercise +4.61K +39.44% 16.3K Feb 25, 2022 Direct F1
transaction APRN Class A Common Stock Sale -$10.4K -1.99K -12.19% $5.25 14.3K 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 -4.61K -8.33% $0.00 50.8K Feb 25, 2022 Class A Common Stock 4.61K Direct F1, F3
transaction APRN Restricted Stock Units Award $0 +28K $0.00 28K Feb 25, 2022 Class A Common Stock 28K Direct F1, F4
transaction APRN Performance Stock Units Award $0 +28K $0.00 28K Feb 25, 2022 Class A Common Stock 28K Direct F5, F6
* 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 November 25, 2020, the reporting person was granted RSUs, of which the remaining 50,760 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 November 25, 2024.
F4 On February 25, 2022, the reporting person was granted RSUs, which will vest in equal quarterly installments (on each May 25, August 25, November 25, and February 25) through February 25, 2025.
F5 Each performance stock unit ("PSU") represents the right to receive one share of Class A Common Stock.
F6 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.