Jennifer Hyman - Nov 5, 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
Stock symbol
RENT
Transactions as of
Nov 5, 2024
Transactions value $
-$43,694
Form type
4
Date filed
11/7/2024, 07:30 PM
Previous filing
Nov 8, 2024
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Conversion of derivative security $0 +94 +0.06% $0.00 148K Nov 5, 2024 Direct F1, F2
transaction RENT Class A Common Stock Sale -$885 -94 -0.06% $9.41 148K Nov 5, 2024 Direct F3
transaction RENT Class A Common Stock Sale -$42.8K -4.45K -3% $9.62 144K Nov 7, 2024 Direct F3, F4, F5

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 Class B Common Stock Conversion of derivative security $0 -94 -0.16% $0.00 57.7K Nov 5, 2024 Class A Common Stock 94 Direct F1, F2
holding RENT Class B Common Stock 6.16K Nov 5, 2024 Class A Common Stock 6.16K Held by spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B common stock were converted to Class A common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
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 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
F4 Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer.
F5 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 $9.32 to $9.72, inclusive. The amount reflected has been rounded to four decimal points. 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.