Dan Jedda - 14 Dec 2021 Form 4 Insider Report for Stitch Fix, Inc. (SFIX)

Signature
/s/ Scott Darling, Attorney-in-Fact for Dan Jedda
Issuer symbol
SFIX
Transactions as of
14 Dec 2021
Net transactions value
-$191,086
Form type
4
Filing time
16 Dec 2021, 15:52:43 UTC
Previous filing
20 Sep 2021
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFIX Class A Common Stock Award $0 +178,697 +144% $0.000000 302,715 14 Dec 2021 Direct F1
transaction SFIX Class A Common Stock Tax liability $191,086 -10,329 -3.4% $18.50 292,386 15 Dec 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With respect to 32,411 shares subject to Restricted Stock Units ("RSUs"), 25% of the RSUs vested on December 15, 2021, and the remainder of the shares will vest quarterly over the next three quarters. With respect to 146,286 shares subject to RSUs, 40% of the RSUs will vest in 8 equal quarterly installments starting on December 15, 2021, and the remaining 60% will vest quarterly over the next 8 quarters. All vesting is subject to the Reporting Person's continuous service through each such vesting date.
F2 Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units.