David Pujades - 25 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
25 Jun 2021
Net transactions value
-$1,252,105
Form type
4
Filing time
29 Jun 2021, 16:12:08 UTC
Previous filing
24 Jun 2021
Next filing
04 Aug 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 +5,052 $0.000000 5,052 25 Jun 2021 Direct
transaction RVLV Class A Common Stock Sale $353,387 -5,052 -100% $69.95 0 25 Jun 2021 Direct F1
transaction RVLV Class A Common Stock Options Exercise $0 +12,848 $0.000000 12,848 25 Jun 2021 Direct F2
transaction RVLV Class A Common Stock Sale $898,718 -12,848 -100% $69.95 0 25 Jun 2021 Direct F1

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 -5,052 -9.9% $0.000000 46,080 25 Jun 2021 Class A Common Stock 5,052 $10.32 Direct F3
transaction RVLV Stock Option (right to buy) Options Exercise $0 -12,848 -13% $0.000000 83,830 25 Jun 2021 Class B Common Stock 12,848 $7.18 Direct F4, F5
transaction RVLV Class B Common Stock Options Exercise $0 +12,848 $0.000000 12,848 25 Jun 2021 Class A Common Stock 12,848 Direct F5
transaction RVLV Class B Common Stock Conversion of derivative security $0 -12,848 -100% $0.000000* 0 25 Jun 2021 Class A Common Stock 12,848 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting person.
F3 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.
F4 The option vested and became exercisable as to 1/5th of the total shares on August 15, 2017, and 1/5th of the total shares vest and become exercisable annually thereafter such that the option is fully vested and exercisable on August 15, 2021.
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.