Jesse Timmermans - 10 May 2021 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Issuer symbol
RVLV
Transactions as of
10 May 2021
Net transactions value
-$5,099,220
Form type
4
Filing time
12 May 2021, 16:26:37 UTC
Next filing
09 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock Options Exercise $0 +4,830 $0.000000 4,830 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $227,541 -4,830 -100% $47.11 0 10 May 2021 Direct F2, F3
transaction RVLV Class A Common Stock Options Exercise $0 +18,298 $0.000000 18,298 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $879,402 -18,298 -100% $48.06 0 10 May 2021 Direct F2, F4
transaction RVLV Class A Common Stock Options Exercise $0 +14,328 $0.000000 14,328 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $700,782 -14,328 -100% $48.91 0 10 May 2021 Direct F2, F5
transaction RVLV Class A Common Stock Options Exercise $0 +6,636 $0.000000 6,636 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $332,928 -6,636 -100% $50.17 0 10 May 2021 Direct F2, F6
transaction RVLV Class A Common Stock Options Exercise $0 +11,500 $0.000000 11,500 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $587,075 -11,500 -100% $51.05 0 10 May 2021 Direct F2, F7
transaction RVLV Class A Common Stock Options Exercise $0 +13,319 $0.000000 13,319 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $694,586 -13,319 -100% $52.15 0 10 May 2021 Direct F2, F8
transaction RVLV Class A Common Stock Options Exercise $0 +16,209 $0.000000 16,209 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $861,022 -16,209 -100% $53.12 0 10 May 2021 Direct F2, F9
transaction RVLV Class A Common Stock Options Exercise $0 +9,030 $0.000000 9,030 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $489,516 -9,030 -100% $54.21 0 10 May 2021 Direct F2, F10
transaction RVLV Class A Common Stock Options Exercise $0 +2,050 $0.000000 2,050 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $112,545 -2,050 -100% $54.90 0 10 May 2021 Direct F2, F11
transaction RVLV Class A Common Stock Options Exercise $0 +2,800 $0.000000 2,800 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $156,772 -2,800 -100% $55.99 0 10 May 2021 Direct F2, F12
transaction RVLV Class A Common Stock Options Exercise $0 +1,000 $0.000000 1,000 10 May 2021 Direct F1
transaction RVLV Class A Common Stock Sale $57,050 -1,000 -100% $57.05 0 10 May 2021 Direct F2

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 RVLV Stock Option (right to buy) Options Exercise $0 -3,706 -50% $0.000000 3,706 10 May 2021 Class B Common Stock 3,706 $7.67 Direct F13, F14
transaction RVLV Class B Common Stock Options Exercise $0 +3,706 $0.000000 3,706 10 May 2021 Class A Common Stock 3,706 Direct F14
transaction RVLV Class B Common Stock Conversion of derivative security $0 -3,706 -100% $0.000000* 0 10 May 2021 Class A Common Stock 3,706 Direct F14
transaction RVLV Stock Option (right to buy) Options Exercise $0 -96,294 -64% $0.000000 54,007 10 May 2021 Class B Common Stock 96,294 $8.54 Direct F13, F14
transaction RVLV Class B Common Stock Options Exercise $0 +96,294 $0.000000 96,294 10 May 2021 Class A Common Stock 96,294 Direct F14
transaction RVLV Class B Common Stock Conversion of derivative security $0 -96,294 -100% $0.000000* 0 10 May 2021 Class A Common Stock 96,294 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting person.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $46.57 to $47.55, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $47.57 to $48.50, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $48.58 to $49.57, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $49.59 to $50.58, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F7 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $50.61 to $51.59, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F8 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $51.61 to $52.60, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F9 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $52.61 to $53.60, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F10 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $53.65 to $54.63, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F11 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $54.66 to $55.28, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F12 The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $55.71 to $56.51, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F13 The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on March 10, 2018 such that the option is fully vested and exercisable on March 10, 2022, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date.
F14 Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis and has no expiration date.