Steven Clive Miller - Mar 10, 2022 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Signature
/s/ Hyung Bak, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Mar 10, 2022
Transactions value $
-$332,672
Form type
4
Date filed
3/14/2022, 06:32 PM
Previous filing
Dec 14, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Options Exercise $0 +13.5K +8.55% $0.00 171K Mar 10, 2022 Direct F1
transaction WRBY Class A Common Stock Sale -$144K -5.77K -3.37% $25.00 165K Mar 10, 2022 Direct F2
transaction WRBY Class A Common Stock Sale -$170K -6.95K -4.21% $24.43 158K Mar 11, 2022 Direct F3, F4
transaction WRBY Class A Common Stock Sale -$18.7K -747 -0.47% $25.05 157K Mar 11, 2022 Direct F3, F5

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 WRBY Restricted Stock Units Options Exercise $0 -1.98K -7.89% $0.00 23.1K Mar 10, 2022 Class A Common Stock 1.98K Direct F6, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -1.33K -100% $0.00* 0 Mar 10, 2022 Class A Common Stock 1.33K Direct F6, F8
transaction WRBY Restricted Stock Units Options Exercise $0 -2.53K -11.54% $0.00 19.4K Mar 10, 2022 Class A Common Stock 2.53K Direct F6, F9
transaction WRBY Restricted Stock Units Options Exercise $0 -2.54K -21.43% $0.00 9.29K Mar 10, 2022 Class A Common Stock 2.54K Direct F6, F10
transaction WRBY Restricted Stock Units Options Exercise $0 -5.1K -6.82% $0.00 69.6K Mar 10, 2022 Class A Common Stock 5.1K Direct F6, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This filing relates to the occurrence of a RSU vesting event.
F2 Sale of shares to cover taxes due on restricted stock units that vested, as mandated by the Issuer's equity compensation plan.
F3 The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.96 to $24.90. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.99 to $25.15. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F7 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028.
F8 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2018 and will expire on October 16, 2025.
F9 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026.
F10 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on March 28, 2026.
F11 The restricted stock units will vest in 48 monthly installments beginning on July 1, 2021 and will expire on June 14, 2031.