| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FIGS | Class A Common Stock | Sale | -$116K | -3.54K | -0.22% | $32.79 | 1.63M | Nov 29, 2021 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF SHARES REQUIRED TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. |
| F2 | REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE REPORTING PERSON DID NOT SELL OR OTHERWISE DISPOSE OF ANY OF THE SHARES REPORTED ON THIS FORM 4 FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES. |
| F3 | All but 7,073 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person, as previously approved by the Issuer's board of directors. |
This Form 4 includes only a portion of the equity of the Issuer held by the Reporting Person. It does not include shares of Class B Common Stock of the Issuer nor stock options held by the Reporting Person.