Steven Clive Miller - 06 Mar 2024 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Signature
/s/ Chris Utecht, Attorney-in-Fact
Issuer symbol
WRBY
Transactions as of
06 Mar 2024
Net transactions value
-$103,451
Form type
4
Filing time
08 Mar 2024, 18:18:16 UTC
Previous filing
06 Mar 2024
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Options Exercise $0 +21,159 +12% $0.000000 199,812 06 Mar 2024 Direct
transaction WRBY Class A Common Stock Sale $103,451 -8,708 -4.4% $11.88 191,104 06 Mar 2024 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 -21% $0.000000 7,264 06 Mar 2024 Class A Common Stock 1,981 Direct F2, F3, F4
transaction WRBY Restricted Stock Units Options Exercise $0 -1,684 -100% $0.000000* 0 06 Mar 2024 Class A Common Stock 1,684 Direct F2, F3, F5
transaction WRBY Restricted Stock Units Options Exercise $0 -5,096 -15% $0.000000 28,877 06 Mar 2024 Class A Common Stock 5,096 Direct F2, F3, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -8,880 -7.9% $0.000000 103,597 06 Mar 2024 Class A Common Stock 8,880 Direct F2, F3, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -3,518 -2.1% $0.000000 165,352 06 Mar 2024 Class A Common Stock 3,518 Direct F2, F3, F8
* 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.
F8 The RSUs will vest in 48 substantially equal monthly installments beginning on January 1, 2024.