Steven Clive Miller - 08 Sep 2023 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
08 Sep 2023
Net transactions value
-$90,675
Form type
4
Filing time
12 Sep 2023, 18:02:18 UTC
Previous filing
12 Jun 2023
Next filing
12 Dec 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 +18,482 +10% $0.000000 194,859 08 Sep 2023 Direct
transaction WRBY Class A Common Stock Sale $90,675 -7,607 -3.9% $11.92 187,252 08 Sep 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 -1,981 -15% $0.000000 11,226 08 Sep 2023 Class A Common Stock 1,981 Direct F2, F3, F4
transaction WRBY Restricted Stock Units Options Exercise $0 -2,525 -37% $0.000000 4,209 08 Sep 2023 Class A Common Stock 2,525 Direct F2, F3, F5
transaction WRBY Restricted Stock Units Options Exercise $0 -5,096 -12% $0.000000 39,068 08 Sep 2023 Class A Common Stock 5,096 Direct F2, F3, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -8,880 -6.8% $0.000000 121,356 08 Sep 2023 Class A Common Stock 8,880 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.