Steven Clive Miller - 03 Mar 2025 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
03 Mar 2025
Net transactions value
-$427,523
Form type
4
Filing time
06 Mar 2025, 06:02:10 UTC
Previous filing
13 Dec 2024
Next filing
05 Jun 2025
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 Award $0 +15,128 +8.4% $0.000000 195,001 03 Mar 2025 Direct F1, F2
transaction WRBY Class A Common Stock Tax liability $152,715 -6,321 -3.2% $24.16 188,680 03 Mar 2025 Direct F3
transaction WRBY Class A Common Stock Options Exercise $0 +27,731 +15% $0.000000 216,411 04 Mar 2025 Direct
transaction WRBY Class A Common Stock Sale $274,808 -11,684 -5.4% $23.52 204,727 04 Mar 2025 Direct F4, F5

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 Award $0 -90,303 -50% $0.000000 90,303 03 Mar 2025 Class A Common Stock 90,303 Direct F6, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -1,321 -100% $0.000000 0 04 Mar 2025 Class A Common Stock 1,321 Direct F6, F8, F9
transaction WRBY Restricted Stock Units Options Exercise $0 -5,095 -37% $0.000000 8,494 04 Mar 2025 Class A Common Stock 5,095 Direct F6, F8, F10
transaction WRBY Restricted Stock Units Options Exercise $0 -8,880 -12% $0.000000 68,078 04 Mar 2025 Class A Common Stock 8,880 Direct F6, F8, F11
transaction WRBY Restricted Stock Units Options Exercise $0 -10,554 -7.9% $0.000000 123,135 04 Mar 2025 Class A Common Stock 10,554 Direct F6, F8, F12
transaction WRBY Restricted Stock Units Options Exercise $0 -1,881 -2.1% $0.000000 88,422 04 Mar 2025 Class A Common Stock 1,881 Direct F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of fully-vested restricted stock units ("RSUs") comprising the reporting person's 2024 bonus award. Each RSU represents a right to receive one share of Class A Common Stock.
F2 Reduced by 2,257 shares to correct an error in the amounts previously reported.
F3 Represents shares of Class A Common Stock withheld by the Issuer to cover required tax withholding obligations in connection with the grant of RSUs in footnote 1.
F4 These share sales are required by the Issuer's equity compensation plan to cover taxes due on RSUs that vested.
F5 The price reported in Column 4 is an average execution price rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $23.52 to $23.53, inclusive. The reporting person undertakes to provide to 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 purchased at each separate price.
F6 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F7 The RSUs will vest in 48 substantially equal monthly installments beginning on January 1, 2025.
F8 This filing relates to the occurrence of a RSU vesting event.
F9 The RSUs will vest in 48 monthly installments beginning on January 1, 2021.
F10 The RSUs will vest in 48 monthly installments beginning on July 1, 2021.
F11 The RSUs will vest in 48 substantially equal monthly installments beginning on February 3, 2023.
F12 The RSUs will vest in 48 substantially equal monthly installments beginning on January 1, 2024.