Jesse Timmermans - 01 Mar 2023 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Signature
/s/ Jodi Lumsdaine Chapin, Attorney-in-fact
Issuer symbol
RVLV
Transactions as of
01 Mar 2023
Net transactions value
-$7,241
Form type
4
Filing time
03 Mar 2023, 15:16:55 UTC
Previous filing
10 Mar 2022
Next filing
19 Sep 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 +23% $0.000000 3,324 01 Mar 2023 Direct F1
transaction RVLV Class A Common Stock Tax liability $7,241 -270 -8.1% $26.82 3,054 01 Mar 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.