Matthew Jonathan Alan Thelen - 11 Sep 2022 Form 4 Insider Report for Winc, Inc.

Role
Title of Reporting Person: General Counsel and Chief Strategy Officer
Signature
/s/ Matthew Thelen
Issuer symbol
N/A
Transactions as of
11 Sep 2022
Net transactions value
$0
Form type
4
Filing time
13 Sep 2022, 21:15:17 UTC
Previous filing
31 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Award $0 +45,000 +22% $0.000000 251,966 11 Sep 2022 Direct F1
holding WBEVQ Common Stock 31,250 11 Sep 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