David Pujades - 22 Jun 2021 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Issuer symbol
RVLV
Transactions as of
22 Jun 2021
Net transactions value
-$869,672
Form type
4
Filing time
24 Jun 2021, 17:54:35 UTC
Previous filing
21 Jun 2021
Next filing
29 Jun 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 +13,425 $0.000000 13,425 22 Jun 2021 Direct F1
transaction RVLV Class A Common Stock Sale $869,672 -13,425 -100% $64.78 0 22 Jun 2021 Direct F2, F3

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 -6,957 -100% $0.000000* 0 22 Jun 2021 Class B Common Stock 6,957 $18.31 Direct F4, F5
transaction RVLV Class B Common Stock Options Exercise $0 +6,957 $0.000000 6,957 22 Jun 2021 Class A Common Stock 6,957 Direct F5
transaction RVLV Class B Common Stock Conversion of derivative security $0 -6,957 -100% $0.000000* 0 22 Jun 2021 Class A Common Stock 6,957 Direct F5
transaction RVLV Stock Option (right to buy) Options Exercise $0 -6,468 -11% $0.000000 51,132 22 Jun 2021 Class A Common Stock 6,468 $10.32 Direct F6
* 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 adopted by the reporting person on March 12, 2021.
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 $64.75 to $64.92, 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 option became fully vested and exercisable on February 9, 2021. The vesting schedule for this option was incorrectly reported on a previously filed Form 4 due to a clerical error.
F5 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.
F6 The option vested and became exercisable as to 1/5th of the total shares on April 13, 2021, and 1/5th of the total shares vest and become exercisable annually thereafter such that the option is fully vested and exercisable on April 13, 2025.