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

Signature
/s/ Scott Darling
Issuer symbol
SFIX
Transactions as of
14 Dec 2021
Net transactions value
-$59,626
Form type
4
Filing time
16 Dec 2021, 15:53:27 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 +19,884 +38% $0.000000 71,648 14 Dec 2021 Direct F1
transaction SFIX Class A Common Stock Tax liability $59,626 -3,223 -4.5% $18.50 68,425 15 Dec 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 +119,306 $0.000000 119,306 14 Dec 2021 Class A Common Stock 119,306 $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.