| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FIGS | Class A Common Stock | Gift | $0 | -8.34K | -0.57% | $0.00 | 1.45M | Jan 13, 2022 | Direct | F1, F2 |
| transaction | FIGS | Class A Common Stock | Gift | $0 | +8.34K | $0.00 | 8.34K | Jan 13, 2022 | Held by the Heather Hasson Revocable Trust | F2 | |
| transaction | FIGS | Class A Common Stock | Other | $0 | -169K | -11.64% | $0.00 | 1.28M | Mar 2, 2022 | Direct | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FIGS | Class B Common Stock | Gift | $0 | -799K | -100% | $0.00* | 0 | Jan 13, 2022 | Class A Common Stock | 799K | Direct | F5, F6 | |
| transaction | FIGS | Class B Common Stock | Gift | $0 | +799K | $0.00 | 799K | Jan 13, 2022 | Class A Common Stock | 799K | Held by the Heather Hasson Revocable Trust | F5, F6 | ||
| transaction | FIGS | Class B Common Stock | Other | $0 | +169K | $0.00 | 169K | Mar 2, 2022 | Class A Common Stock | 169K | Direct | F3, F5 | ||
| holding | FIGS | Class B Common Stock | 942K | Jan 13, 2022 | Class A Common Stock | 942K | Held by The Maple Tree Irrevocable Trust u/a/d 10/16/2020 | F5 |
| Id | Content |
|---|---|
| F1 | THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS TRANSFERS MADE BY THE REPORTING PERSON TO HER TRUST AND THE EXCHANGE BY THE REPORTING PERSON OF CERTAIN SHARES OF THE ISSUER'S CLASS A COMMON STOCK FOR SHARES OF THE ISSUER'S CLASS B COMMON STOCK. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. |
| F2 | On January 13, 2022, the Reporting Person transferred 8,338 shares of Class A Common Stock of the Issuer to the Heather Hasson Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. |
| F3 | Upon vesting and settlement of RSUs for shares of the Issuer's Class A Common Stock, such shares were 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 (the "Equity Award Exchange Right Agreement"). |
| F4 | All but 7,102 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 the Equity Award Exchange Right Agreement. |
| F5 | Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031. |
| F6 | On January 13, 2022, the Reporting Person transferred 799,181 shares of Class B Common Stock of the Issuer to the Heather Hasson Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. |
The number of shares listed in column 5 of Table I and column 9 of Table II do not include stock options held by the Reporting Person.