J. Martin Willhite - 08 Jun 2022 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role: Director
Signature: /s/ Danielle Warner, Attorney-in-Fact for John Martin Willhite
Issuer symbol: FIGS
Transactions as of: 08 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 10 Jun 2022, 16:51:15 UTC
Previous filing: 02 Jun 2021
Next filing: 09 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FIGS	Class A Common Stock	Award	$0	+17,606	+0.56%	$0.000000	3,171,857	08 Jun 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2022 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 8, 2022 and (ii) the date of the Issuer's next annual meeting of stockholders following June 8, 2022, subject to the Reporting Person's continued service through the applicable vesting date.
F2	17,606 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. This amount also includes 3,147,432 shares of the Issuer's Class A Common Stock received in a pro rata distribution exempt pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.

Content

These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2022 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 8, 2022 and (ii) the date of the Issuer's next annual meeting of stockholders following June 8, 2022, subject to the Reporting Person's continued service through the applicable vesting date.

17,606 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. This amount also includes 3,147,432 shares of the Issuer's Class A Common Stock received in a pro rata distribution exempt pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.