Anushka Salinas - Mar 16, 2023 Form 4/A - Amendment Insider Report for Rent the Runway, Inc. (RENT)

Role
President & COO
Signature
/s/ Cara Schembri as Attorney-in-fact for Anushka Salinas
Stock symbol
RENT
Transactions as of
Mar 16, 2023
Transactions value $
-$159,587
Form type
4/A - Amendment
Date filed
5/5/2023, 05:15 PM
Date Of Original Report
Mar 22, 2023
Previous filing
Feb 6, 2023
Next filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Sale -$53.7K -20.9K -3.9% $2.57 515K Mar 17, 2023 Direct F1, F2, F3, F4
transaction RENT Class A Common Stock Sale -$44.6K -17.4K -3.39% $2.56 498K Mar 20, 2023 Direct F1, F2, F3, F4
transaction RENT Class A Common Stock Sale -$61.3K -23.4K -4.71% $2.62 474K Mar 21, 2023 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction.
F2 Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
F3 The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer.
F4 This Form 4 is amended to included the sale price for the relevant transactions that was omitted from the original Form 4, filed on March 22, 2023.