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

Signature
/s/ Hyung Bak, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Jun 10, 2022
Transactions value $
-$169,093
Form type
4
Date filed
6/13/2022, 09:07 PM
Previous filing
Mar 14, 2022
Next filing
Sep 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 +12.1K +7.66% $0.00 171K Jun 10, 2022 Direct F1
transaction WRBY Class A Common Stock Sale -$74.4K -5.08K -2.98% $14.64 165K Jun 10, 2022 Direct F2
transaction WRBY Class A Common Stock Sale -$94.7K -7.05K -4.26% $13.42 158K Jun 13, 2022 Direct F3, F4

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 -8.57% $0.00 21.1K Jun 10, 2022 Class A Common Stock 1.98K Direct F5, F6, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -2.53K -13.04% $0.00 16.8K Jun 10, 2022 Class A Common Stock 2.53K Direct F5, F6, F8
transaction WRBY Restricted Stock Units Options Exercise $0 -2.54K -27.28% $0.00 6.76K Jun 10, 2022 Class A Common Stock 2.54K Direct F5, F6, F9
transaction WRBY Restricted Stock Units Options Exercise $0 -5.1K -7.32% $0.00 64.5K Jun 10, 2022 Class A Common Stock 5.1K Direct F5, F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 925 shares acquired on May 14, 2022 under the Issuer's employee stock purchase plan in an exempt transaction pursuant to Rule 16b-3(c).
F2 These share sales are required by the Issuer's equity compensation plan to cover taxes due on restricted stock units ("RSUs") that vested.
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 $13.13 to $14.04. 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 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F6 This filing relates to the occurrence of a RSU vesting event.
F7 The RSUs will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028.
F8 The RSUs will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026.
F9 The RSUs will vest in 48 monthly installments beginning on January 1, 2019 and will expire on March 28, 2026.
F10 The RSUs will vest in 48 monthly installments beginning on July 1, 2021 and will expire on June 14, 2031.