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

Role
CHIEF OPERATING OFFICER
Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Stock symbol
RVLV
Transactions as of
Jun 22, 2021
Transactions value $
-$869,672
Form type
4
Date filed
6/24/2021, 05:54 PM
Previous filing
Jun 21, 2021
Next filing
Jun 29, 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 +13.4K $0.00 13.4K Jun 22, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$870K -13.4K -100% $64.78 0 Jun 22, 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 -6.96K -100% $0.00* 0 Jun 22, 2021 Class B Common Stock 6.96K $18.31 Direct F4, F5
transaction RVLV Class B Common Stock Options Exercise $0 +6.96K $0.00 6.96K Jun 22, 2021 Class A Common Stock 6.96K Direct F5
transaction RVLV Class B Common Stock Conversion of derivative security $0 -6.96K -100% $0.00* 0 Jun 22, 2021 Class A Common Stock 6.96K Direct F5
transaction RVLV Stock Option (right to buy) Options Exercise $0 -6.47K -11.23% $0.00 51.1K Jun 22, 2021 Class A Common Stock 6.47K $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.