Jennifer Fleiss - Feb 1, 2023 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Director
Signature
/s/ Cara Schembri as Attorney-in-fact for Jennifer Fleiss
Stock symbol
RENT
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 04:36 PM
Previous filing
Nov 3, 2022
Next filing
Jul 14, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RENT Restricted Stock Units Options Exercise $0 -3.44K -100% $0.00* 0 Feb 1, 2023 Class B Common Stock 3.44K Direct F1
transaction RENT Class B Common Stock Options Exercise $0 +3.44K +0.55% $0.00 626K Feb 1, 2023 Class A Common Stock 3.44K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock units ("RSUs") represents a contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in 6 substantially equal quarterly installments commencing on February 1, 2022. The RSUs have no expiration date.
F2 Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire.