Daniella Turenshine - Dec 24, 2021 Form 3 Insider Report for FIGS, Inc. (FIGS)

Role
Chief Financial Officer
Signature
/s/ Danielle Warner as Attorney-in-Fact for Daniella Turenshine
Stock symbol
FIGS
Transactions as of
Dec 24, 2021
Transactions value $
$0
Form type
3
Date filed
12/28/2021, 05:15 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FIGS Class A Common Stock 39.5K Dec 24, 2021 Direct F1

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
holding FIGS Stock Option (Right to Buy) Dec 24, 2021 Class A Common Stock 50.9K $22.00 Direct F2
holding FIGS Stock Option (Right to Buy) Dec 24, 2021 Class A Common Stock 129K $6.02 Direct F3
holding FIGS Stock Option (Right to Buy) Dec 24, 2021 Class A Common Stock 38.4K $0.81 Direct F4
holding FIGS Stock Option (Right to Buy) Dec 24, 2021 Class A Common Stock 58.1K $0.46 Direct F5
holding FIGS Stock Option (Right to Buy) Dec 24, 2021 Class A Common Stock 37.5K $0.46 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 6,961 of these securities are Restricted Stock Units ("RSUs"), each representing a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in equal quarterly installments over the four-year period following June 1, 2021.
F2 The original (full) option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on July 1, 2021. 6,362 shares underlying the option have vested.
F3 The original (full) option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on January 31, 2021. 30,933 shares underlying the option have vested.
F4 The original (full) option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on September 26, 2020. 14,056 shares underlying the option have vested.
F5 The original (full) option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on October 31, 2019. 48,750 shares underlying the option have vested.
F6 The original (full) option vests and becomes exercisable as to 25% of the shares on November 12, 2019, and in 36 equal monthly installments thereafter. 69,375 shares underlying the option have vested.

Remarks:

Table II only lists options held by the Reporting Person that have not yet been exercised. Shares of the Issuer's Class A Common Stock acquired from the exercise of options held by the Reporting Person are reflected in Table I. Exhibit 24 - Power of Attorney