Jennifer Y. Hyman - 01 Feb 2024 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Signature
/s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman
Issuer symbol
RENT
Transactions as of
01 Feb 2024
Net transactions value
$0
Form type
4
Filing time
05 Feb 2024, 19:55:05 UTC
Previous filing
19 Dec 2023
Next filing
07 Feb 2024

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 -12,932 -100% $0.000000* 0 01 Feb 2024 Class B Common Stock 12,932 Direct F1
transaction RENT Class B Common Stock Options Exercise $0 +12,932 +1.1% $0.000000 1,155,636 01 Feb 2024 Class A Common Stock 12,932 Direct F2, F3
transaction RENT Restricted Stock Units Options Exercise $0 -3,180 -12% $0.000000 22,261 01 Feb 2024 Class B Common Stock 3,180 Direct F4
transaction RENT Class B Common Stock Options Exercise $0 +3,180 +0.28% $0.000000 1,158,816 01 Feb 2024 Class A Common Stock 3,180 Direct F2
holding RENT Class B Common Stock 123,108 01 Feb 2024 Class A Common Stock 123,108 Held by spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class B common stock.
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 does not expire, but will convert automatically to Class A common stock as provided in the Issuer's Twelfth Amended and Restated Certificate of Incorporation.
F3 The Reporting Person's Form 4s subsequent to November 1, 2023 overstated the number of shares of Class B common stock held by the Reporting Person by 6,205 shares, which has been corrected herein.
F4 Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in seven remaining substantially equal quarterly installments.