Brian Donato - Feb 5, 2024 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Revenue Officer
Signature
/s/ Cara Schembri as Attorney-in-fact for Brian Donato
Stock symbol
RENT
Transactions as of
Feb 5, 2024
Transactions value $
-$6,256
Form type
4
Date filed
2/7/2024, 09:12 PM
Previous filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Sale -$4.7K -9.66K -1.45% $0.49 655K Feb 5, 2024 Direct F1, F2, F3, F4
transaction RENT Class A Common Stock Sale -$1.56K -3.17K -0.48% $0.49 651K Feb 5, 2024 Direct F5, F6
* 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 April 27, 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 $0.475 to $0.4938, 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.
F4 The Reporting Person's Form 4s subsequent to February 1, 2023 understated the number of shares of Class A common stock held by the Reporting Person by 368 shares, which has been corrected herein.
F5 Shares were sold pursuant to a Rule 10b5-1 trading plan dated April 26, 2023.
F6 The price reported in Column 4 is a weighted average price of all shares sold. These shares were sold in multiple transactions at prices ranging from $0.4901 to $0.4941, 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.