Daniel J. Nova - Jul 13, 2022 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role: Director, 10%+ Owner
Signature: /s/ Cara Schembri as Attorney-in-fact for Daniel J. Nova
Stock symbol: RENT
Transactions as of: Jul 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/15/2022, 05:48 PM
Previous filing: May 27, 2022
Next filing: Feb 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RENT	Class A Common Stock	Award	$0	+14.8K		$0.00	14.8K	Jul 13, 2022	Direct	F1
holding	RENT	Class A Common Stock						1.12M	Jul 13, 2022	See Footnotes	F2, F3
holding	RENT	Class A Common Stock						47.9K	Jul 13, 2022	See Footnotes	F3, F4
holding	RENT	Class A Common Stock						3.09M	Jul 13, 2022	See Footnotes	F3, F5
holding	RENT	Class A Common Stock						848K	Jul 13, 2022	See Footnote	F6

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

Explanation of Responses:

Id	Content
F1	This is an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. This award is granted as part of the Reporting Person's annual equity award under the Company's Non-employee Director Compensation Program. 100% of this award will vest on the earlier of 1) the one year anniversary of the grant date or 2) the date of the next Annual Meeting of Stockholders, subject to the Reporting Person's continuous service as a member of the Board of Directors on such date.
F2	These shares are held of record by Highland Capital Partners VIII-C Limited Partnership ("Highland Capital VIII-C").
F3	Highland Management Partners VIII Limited ("HMP VIII Ltd") is the general partner of Highland Management Partners VIII Limited Partnership ("HMP VIII LP"), which is the general partner of each of Highland Capital VIII-B, Highland Capital VIII-C and Highland Capital VIII (collectively, the "Highland VIII Funds"). The Reporting Person is a Director of HMP VIII Ltd and may be deemed to have voting and dispositive power over the shares held by each of the Highland VIII Funds. The Reporting Person disclaims beneficial ownership of the securities held by each of the Highland VIII Funds, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.
F4	These shares are held of record by Highland Capital Partners VIII-B Limited Partnership ("Highland Capital VIII-B").
F5	These shares are held of record by Highland Capital Partners VIII Limited Partnership ("Highland Capital VIII").
F6	These shares are held of record by Highland Leaders Fund I, L.P. ("HLF I"). The general partner of HLF I is Highland Leaders Fund I GP, L.P. ("HLF I GP LP"), whose general partner is Highland Leaders Fund I GP, LLC ("HLF I GP LLC"). The Reporting Person is a Managing Member of HLF I GP LLC and may be deemed to have voting and dispositive power over the shares held by HLF I. The Reporting Person disclaims beneficial ownership of the securities held by HLF I, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.