Zachary B. Phillips - Feb 5, 2024 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
SVP, Product
Signature
/s/ Cara Schembri as Attorney in-fact for Zachary B. Phillips
Stock symbol
RENT
Transactions as of
Feb 5, 2024
Transactions value $
-$2,670
Form type
4
Date filed
2/7/2024, 09:13 PM
Previous filing
Jan 23, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Sale -$2.67K -5.49K -4.7% $0.49 111K Feb 5, 2024 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 sell to cover instruction contained in the award agreements.
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.