Terri Leitgeb - May 25, 2022 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role: Chief People Officer
Signature: /s/ Meredith L. Deutsch, as attorney-in-fact for Terri Leitgeb
Stock symbol: APRN
Transactions as of: May 25, 2022
Transactions value $: -$9,167
Form type: 4
Date filed: 5/27/2022, 04:19 PM
Previous filing: Mar 1, 2022
Next filing: Aug 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+10.7K			10.7K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Sale	-$9.17K	-2.98K	-27.79%	$3.08	7.73K	May 26, 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	-10.7K	-25%	$0.00	32.1K	May 25, 2022	Class A Common Stock	32.1K		Direct	F1, F3

* 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 February 25, 2022, the reporting person was granted RSUs, of which 25% vested on May 25, 2022 and the remaining 32,126 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 May 25, 2025.