Steven Clive Miller - 09 Dec 2022 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Role
Chief Financial Officer
Signature
/s/ Chris Utecht, Attorney-in-Fact
Issuer symbol
WRBY
Transactions as of
09 Dec 2022
Net transactions value
-$201,457
Form type
4
Filing time
13 Dec 2022, 19:46:45 UTC
Previous filing
13 Sep 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Options Exercise $0 +12,136 +7.3% $0.000000 177,683 09 Dec 2022 Direct
transaction WRBY Class A Common Stock Sale $81,870 -4,986 -2.8% $16.42 172,697 09 Dec 2022 Direct F1
transaction WRBY Class A Common Stock Sale $119,587 -7,150 -4.1% $16.73 165,547 12 Dec 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 -1,981 -10% $0.000000 17,169 09 Dec 2022 Class A Common Stock 1,981 Direct F4, F5, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -2,524 -18% $0.000000 11,784 09 Dec 2022 Class A Common Stock 2,524 Direct F4, F5, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -2,535 -60% $0.000000 1,690 09 Dec 2022 Class A Common Stock 2,535 Direct F4, F5, F8
transaction WRBY Restricted Stock Units Options Exercise $0 -5,096 -8.6% $0.000000 54,356 09 Dec 2022 Class A Common Stock 5,096 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