Beverly K. Carmichael - Mar 23, 2022 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role
Director
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Beverly Carmichael
Stock symbol
APRN
Transactions as of
Mar 23, 2022
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 04:31 PM
Previous filing
Feb 25, 2022
Next filing
Jun 14, 2022

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 Award $0 +9.12K $0.00 9.12K Mar 23, 2022 Class A Common Stock 9.12K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F2 Pursuant to the Company's non-employee director compensation policy, each new non-employee director is automatically granted, upon his or her initial appointment to the Board of Directors, a restricted stock unit award ("Initial RSU Award") with an aggregate fair market value of $85,000, prorated for the number of days between the date of the director's initial appointment to the Board of Directors and the date of the next annual meeting of stockholders or, if the date of the next annual meeting of stockholders has not been set on the date of grant, the business day following the first anniversary of the last annual meeting. As the date of the 2022 annual meeting of stockholders is June 13, 2022, the number of shares subject to Ms. Carmichael's Initial RSU Award set forth above is prorated to June 13, 2022.
F3 The RSUs are scheduled to vest in full on the one-year anniversary of March 23, 2022.