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

Signature
/s/ Scott Darling
Stock symbol
SFIX
Transactions as of
Dec 14, 2021
Transactions value $
-$59,626
Form type
4
Date filed
12/16/2021, 03:53 PM
Previous filing
Sep 20, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFIX Class A Common Stock Award $0 +19.9K +38.41% $0.00 71.6K Dec 14, 2021 Direct F1
transaction SFIX Class A Common Stock Tax liability -$59.6K -3.22K -4.5% $18.50 68.4K Dec 15, 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 SFIX Employee Stock Option Award $0 +119K $0.00 119K Dec 14, 2021 Class A Common Stock 119K $18.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 10.3% of the shares subject to the restricted stock unit grant vested on December 15, 2021, 10.3% of the shares will vest quarterly over the next three quarters, and the remainder will vest evenly over the next 8 quarters, 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.
F3 3.5% of the option will vest on on January 14, 2022, followed by 11 monthly vest events of 3.5%, and then followed by 24 equal monthly vest events. All vesting is subject to the Reporting Person's continuous service through each such vesting date.