Larry Steinberg - Sep 18, 2023 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Technology Officer
Signature
/s/ Cara Schembri as Attorney-in-fact for Larry Steinberg
Stock symbol
RENT
Transactions as of
Sep 18, 2023
Transactions value $
-$82,275
Form type
4
Date filed
9/20/2023, 04:39 PM
Previous filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Sale -$82.3K -99.9K -11.05% $0.82 804K Sep 18, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated June 17, 2022.
F2 Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
F3 The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $0.78 to $0.87, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.