Steven Clive Miller - Sep 8, 2023 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Signature
/s/ Chris Utecht, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Sep 8, 2023
Transactions value $
-$90,675
Form type
4
Date filed
9/12/2023, 06:02 PM
Previous filing
Jun 12, 2023
Next filing
Dec 12, 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 +18.5K +10.48% $0.00 195K Sep 8, 2023 Direct
transaction WRBY Class A Common Stock Sale -$90.7K -7.61K -3.9% $11.92 187K Sep 8, 2023 Direct F1

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 -15% $0.00 11.2K Sep 8, 2023 Class A Common Stock 1.98K Direct F2, F3, F4
transaction WRBY Restricted Stock Units Options Exercise $0 -2.53K -37.5% $0.00 4.21K Sep 8, 2023 Class A Common Stock 2.53K Direct F2, F3, F5
transaction WRBY Restricted Stock Units Options Exercise $0 -5.1K -11.54% $0.00 39.1K Sep 8, 2023 Class A Common Stock 5.1K Direct F2, F3, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -8.88K -6.82% $0.00 121K Sep 8, 2023 Class A Common Stock 8.88K Direct F2, F3, F7
* 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 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 This filing relates to the occurrence of a RSU vesting event.
F4 The RSUs will vest in 48 monthly installments beginning on January 1, 2021.
F5 The RSUs will vest in 48 monthly installments beginning on January 1, 2020.
F6 The RSUs will vest in 48 monthly installments beginning on July 1, 2021.
F7 The RSUs will vest in 48 substantially equal monthly installments beginning on February 3, 2023.