Jesse Timmermans - Nov 5, 2021 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Jodi Lumsdaine Chapin, attorney-in-fact
Stock symbol
RVLV
Transactions as of
Nov 5, 2021
Transactions value $
-$1,283,536
Form type
4
Date filed
11/9/2021, 03:32 PM
Previous filing
May 12, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock Options Exercise $0 +500 $0.00 500 Nov 5, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$39.3K -500 -100% $78.51 0 Nov 5, 2021 Direct F2, F3
transaction RVLV Class A Common Stock Options Exercise $0 +4.23K $0.00 4.23K Nov 5, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$338K -4.23K -100% $79.85 0 Nov 5, 2021 Direct F2, F4
transaction RVLV Class A Common Stock Options Exercise $0 +8.14K $0.00 8.14K Nov 5, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$661K -8.14K -100% $81.20 0 Nov 5, 2021 Direct F2, F5
transaction RVLV Class A Common Stock Options Exercise $0 +2.9K $0.00 2.9K Nov 5, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$238K -2.9K -100% $81.82 0 Nov 5, 2021 Direct F2, F6
transaction RVLV Class A Common Stock Options Exercise $0 +100 $0.00 100 Nov 5, 2021 Direct F1
transaction RVLV Class A Common Stock Sale -$8.27K -100 -100% $82.68 0 Nov 5, 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 -6.37K -11.79% $0.00 47.6K Nov 5, 2021 Class B Common Stock 6.37K $8.54 Direct F7, F8
transaction RVLV Class B Common Stock Options Exercise $0 +6.37K $0.00 6.37K Nov 5, 2021 Class A Common Stock 6.37K Direct F8
transaction RVLV Class B Common Stock Conversion of derivative security $0 -6.37K -100% $0.00* 0 Nov 5, 2021 Class A Common Stock 6.37K Direct F8
transaction RVLV Stock Option (right to buy) Options Exercise $0 -9.5K -20% $0.00 38K Nov 5, 2021 Class A Common Stock 9.5K $10.32 Direct F9
* 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 $78.36 to $78.61, 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 $79.455 to $80.45, 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 $80.51 to $81.50, 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.
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 $81.51 to $82.37, 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 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.
F8 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.
F9 The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on April 13, 2021 such that the option is fully vested and exercisable on April 13, 2025, 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.