Michael Karanikolas - Apr 5, 2022 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Role: CO-CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Jodi Lumsdaine Chapin, attorney-in-fact
Stock symbol: RVLV
Transactions as of: Apr 5, 2022
Transactions value $: -$8,700,950
Form type: 4
Date filed: 4/7/2022, 09:08 PM
Previous filing: Mar 22, 2022
Next filing: Sep 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+64K		$0.00	64K	Apr 5, 2022	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	-$1.34M	-25.2K	-39.41%	$53.21	38.8K	Apr 5, 2022	By MMMK Development, Inc.	F2, F3, F4
transaction	RVLV	Class A Common Stock	Sale	-$1.42M	-26.1K	-67.21%	$54.42	12.7K	Apr 5, 2022	By MMMK Development, Inc.	F2, F3, F5
transaction	RVLV	Class A Common Stock	Sale	-$358K	-6.47K	-50.89%	$55.38	6.25K	Apr 5, 2022	By MMMK Development, Inc.	F2, F3, F6
transaction	RVLV	Class A Common Stock	Sale	-$260K	-4.63K	-74.12%	$56.20	1.62K	Apr 5, 2022	By MMMK Development, Inc.	F2, F3, F7
transaction	RVLV	Class A Common Stock	Sale	-$92.6K	-1.62K	-100%	$57.29	0	Apr 5, 2022	By MMMK Development, Inc.	F2, F3, F8
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+33.2K		$0.00	33.2K	Apr 6, 2022	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	-$1.73M	-33.2K	-100%	$52.19	0	Apr 6, 2022	By MMMK Development, Inc.	F2, F3, F9
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+66.2K		$0.00	66.2K	Apr 7, 2022	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	-$1.49M	-28.3K	-42.81%	$52.50	37.9K	Apr 7, 2022	By MMMK Development, Inc.	F2, F3, F10
transaction	RVLV	Class A Common Stock	Sale	-$2.01M	-37.9K	-100%	$53.04	0	Apr 7, 2022	By MMMK Development, Inc.	F2, F3, F11
holding	RVLV	Class A Common Stock						123K	Apr 5, 2022	Direct

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	RVLV	Class B Common Stock	Conversion of derivative security	$0	-64K	-0.2%	$0.00	32.7M	Apr 5, 2022	Class A Common Stock	64K		By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class B Common Stock	Conversion of derivative security	$0	-33.2K	-0.1%	$0.00	32.6M	Apr 6, 2022	Class A Common Stock	33.2K		By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class B Common Stock	Conversion of derivative security	$0	-66.2K	-0.2%	$0.00	32.6M	Apr 7, 2022	Class A Common Stock	66.2K		By MMMK Development, Inc.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock.
F2	The reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc.
F3	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F4	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $52.87 to $53.85, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $53.92 to $54.91, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $54.92 to $55.90, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F7	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $55.92 to $56.74, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F8	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $56.92 to $57.63, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F9	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $51.86 to $52.60, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F10	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $51.87 to $52.86, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F11	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $52.865 to $53.38, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.