Eric Liaw - Dec 31, 2022 Form 5 Insider Report for Honest Company, Inc. (HNST)

Role
Director
Signature
/s/ Tracy Hogan, Attorney-In-Fact Eric Liaw
Stock symbol
HNST
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 05:53 PM
Previous filing
Dec 16, 2022
Next filing
Jan 4, 2023

Transactions Table

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

Explanation of Responses:

Id Content
F1 Represents the transfer to Institutional Venture Management XIII, LLC ("IVM XIII") of shares received upon the vesting of certain restricted stock unit awards received by the Reporting Person for service on the Issuer's board of directors in accordance with the Director Compensation Assignment Agreement described in footnote (3) below.
F2 Consists of (i) 2,088 shares of Common Stock and (ii) 48,615 Restricted Stock Units.
F3 The Reporting Person has entered into a Director Compensation Assignment Agreement, pursuant to which he has agreed to assign the beneficial interest in any equity awards granted to him for his service as director of the Issuer to IVM XIII. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, J. Sanford Miller and Dennis B. Phelps, Jr. as the managing directors of IVM XIII, may be deemed to have shared beneficial ownership of the equity awards granted to the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.