Steven Clive Miller - Dec 9, 2022 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Role
Chief Financial Officer
Signature
/s/ Chris Utecht, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Dec 9, 2022
Transactions value $
-$201,457
Form type
4
Date filed
12/13/2022, 07:46 PM
Previous filing
Sep 13, 2022
Next filing
Jan 5, 2023

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 +7.33% $0.00 178K Dec 9, 2022 Direct
transaction WRBY Class A Common Stock Sale -$81.9K -4.99K -2.81% $16.42 173K Dec 9, 2022 Direct F1
transaction WRBY Class A Common Stock Sale -$120K -7.15K -4.14% $16.73 166K Dec 12, 2022 Direct F2, F3

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 -10.34% $0.00 17.2K Dec 9, 2022 Class A Common Stock 1.98K Direct F4, F5, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -2.52K -17.64% $0.00 11.8K Dec 9, 2022 Class A Common Stock 2.52K Direct F4, F5, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -2.54K -60% $0.00 1.69K Dec 9, 2022 Class A Common Stock 2.54K Direct F4, F5, F8
transaction WRBY Restricted Stock Units Options Exercise $0 -5.1K -8.57% $0.00 54.4K Dec 9, 2022 Class A Common Stock 5.1K Direct F4, F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These share sales are required by the Issuer's equity compensation plan to cover taxes due on restricted stock units ("RSUs") that vested.
F2 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $17.00. 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.
F4 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F5 This filing relates to the occurrence of a RSU vesting event.
F6 The RSUs will vest in 48 monthly installments beginning on January 1, 2021.
F7 The RSUs will vest in 48 monthly installments beginning on January 1, 2020.
F8 The RSUs will vest in 48 monthly installments beginning on January 1, 2019.
F9 The RSUs will vest in 48 monthly installments beginning on July 1, 2021.

Remarks:

Exhibit 24 - Power of Attorney