Matthew Thelen - Sep 11, 2022 Form 4 Insider Report for Winc, Inc. (WBEVQ)

Role
Title of Reporting Person: General Counsel and Chief Strategy Officer
Signature
/s/ Matthew Thelen
Stock symbol
WBEVQ
Transactions as of
Sep 11, 2022
Transactions value $
$0
Form type
4
Date filed
9/13/2022, 09:15 PM
Previous filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Award $0 +45K +21.74% $0.00 252K Sep 11, 2022 Direct F1
holding WBEVQ Common Stock 31.3K Sep 11, 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units (RSUs), which will vest with respect to 25% of the RSUs on September 11, 2023, and the remaining 75% of the RSUs will vest in 12 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
F2 Represents securities held of record by Little Lion's Share LLC. The Reporting Person may be deemed to beneficially own shares held by Little Lion's Share LLC by virtue of his control over Little Lion's Share LLC.

Remarks:

Title of Reporting Person: General Counsel and Chief Strategy Officer