Jesse Timmermans - Mar 1, 2023 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, Attorney-in-fact
Stock symbol
RVLV
Transactions as of
Mar 1, 2023
Transactions value $
-$7,241
Form type
4
Date filed
3/3/2023, 03:16 PM
Previous filing
Mar 10, 2022
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVLV Class A Common Stock Award $0 +613 +22.61% $0.00 3.32K Mar 1, 2023 Direct F1
transaction RVLV Class A Common Stock Tax liability -$7.24K -270 -8.12% $26.82 3.05K Mar 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equal number of restricted stock units ("RSUs"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. These RSUs were granted subject to performance- and service-based vesting requirements. On March 1, 2023, the Compensation Committee of the Issuer's Board of Directors certified the level of achievement of the performance-based conditions. As a result, vested shares earned based upon such level of achievement were delivered to the reporting person on March 1, 2023.
F2 Represents tax withholding upon the vesting of the RSUs.