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

Role
Chair, CEO & President, Director
Signature
/s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman
Issuer symbol
RENT
Transactions as of
01 May 2024
Net transactions value
$0
Form type
4
Filing time
03 May 2024, 16:50:57 UTC
Previous filing
18 Mar 2024
Next filing
05 Feb 2025
SEC
View on sec.gov

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 -159 -14% $0.000000 954 01 May 2024 Class B Common Stock 159 Direct F1
transaction RENT Class B Common Stock Options Exercise $0 -159 -0.28% $0.000000 57,635 01 May 2024 Class A Common Stock 159 Direct F2
holding RENT Class B Common Stock 6,155 01 May 2024 Class A Common Stock 6,155 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 ("RSU") represents the contingent right to receive one share of the Issuer's Class B common stock. The RSUs vest in six remaining substantially equal quarterly installments.
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.

Remarks:

The share counts herein have been adjusted to reflect the 1-for-20 reverse stock split that became effective on April 2, 2024.