Gary G. Friedman - Dec 13, 2022 Form 4 Insider Report for RH (RH)

Signature
/s/ Edward T. Lee as Attorney-In-Fact
Stock symbol
RH
Transactions as of
Dec 13, 2022
Transactions value $
-$51,073,508
Form type
4
Date filed
12/15/2022, 07:50 PM
Previous filing
Dec 14, 2022
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RH Common Stock Options Exercise $20.5M +271K +9.1% $75.43 3.25M Dec 13, 2022 Direct
transaction RH Common Stock Sale -$388K -1.5K -0.05% $258.65 3.25M Dec 13, 2022 Direct F1, F2
transaction RH Common Stock Sale -$728K -2.8K -0.09% $260.02 3.25M Dec 13, 2022 Direct F1, F3
transaction RH Common Stock Sale -$1.33M -5.1K -0.16% $260.95 3.24M Dec 13, 2022 Direct F1, F4
transaction RH Common Stock Sale -$10.1M -38.6K -1.19% $262.08 3.2M Dec 13, 2022 Direct F1, F5
transaction RH Common Stock Sale -$14.2M -53.9K -1.68% $262.98 3.15M Dec 13, 2022 Direct F1, F6
transaction RH Common Stock Sale -$20.8M -78.8K -2.5% $264.00 3.07M Dec 13, 2022 Direct F1, F7
transaction RH Common Stock Sale -$19.5M -73.6K -2.4% $264.81 3M Dec 13, 2022 Direct F1, F8
transaction RH Common Stock Sale -$4.51M -17K -0.57% $265.61 2.98M Dec 13, 2022 Direct F1, F9

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 RH Stock Option (Right to Buy) Options Exercise $0 -271K -100% $0.00* 0 Dec 13, 2022 Common Stock 271K $75.43 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale transactions reported in this Form 4 are part of a series of transactions undertaken by the Reporting Person from December 12 through December 14, 2022 with respect to an aggregate sale of 675,095 shares of common stock. The aggregate number of shares sold was determined in order to raise sufficient funds to pay the exercise price and withholding taxes with respect to the exercise by the Reporting Person of a stock option for 1,000,000 shares of common stock that was set to expire in July, 2023.
F2 This transaction was executed in multiple trades ranging from $258.11 to $259.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 This transaction was executed in multiple trades ranging from $259.31 to $260.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4 This transaction was executed in multiple trades ranging from $260.38 to $261.37. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F5 This transaction was executed in multiple trades ranging from $261.39 to $262.38. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F6 This transaction was executed in multiple trades ranging from $262.40 to $263.39. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F7 This transaction was executed in multiple trades ranging from $263.41 to $264.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F8 This transaction was executed in multiple trades ranging from $264.42 to $265.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F9 This transaction was executed in multiple trades ranging from $265.44 to $266.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F10 Fully vested.