Linda Findley - May 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 Findley
Stock symbol: APRN
Transactions as of: May 25, 2022
Transactions value $: -$29,829
Form type: 4
Date filed: 5/27/2022, 04:20 PM
Previous filing: May 3, 2022
Next filing: Jul 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	+6.71%		193K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+997	+0.52%		194K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+998	+0.52%		195K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+997	+0.51%		196K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+997	+0.51%		197K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Options Exercise		+7.78K	+3.96%		204K	May 25, 2022	Direct	F1
transaction	APRN	Class A Common Stock	Sale	-$29.8K	-9.68K	-4.74%	$3.08	195K	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	-12.1K	-22.43%	$0.00	41.9K	May 25, 2022	Class A Common Stock	12.1K		Direct	F1, F3
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-997	-12.49%	$0.00	6.98K	May 25, 2022	Class A Common Stock	997		Direct	F1, F4
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-998	-12.5%	$0.00	6.99K	May 25, 2022	Class A Common Stock	998		Direct	F1, F5
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-997	-12.5%	$0.00	6.98K	May 25, 2022	Class A Common Stock	997		Direct	F1, F6
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-997	-12.49%	$0.00	6.98K	May 25, 2022	Class A Common Stock	997		Direct	F1, F7
transaction	APRN	Restricted Stock Units	Options Exercise	$0	-7.78K	-8.33%	$0.00	85.6K	May 25, 2022	Class A Common Stock	7.78K		Direct	F1, F8

* 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 6,983 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 6,988 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 6,982 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 6,983 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, of which the remaining 85,605 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, 2025.