Honest Company, Inc. - Dec 8, 2023 Form 4 Insider Report for Honest Company, Inc. (HNST)

Role
Director
Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Stock symbol
HNST
Transactions as of
Dec 8, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 08:07 PM
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Award $0 +113K $0.00 113K Dec 8, 2023 Direct F1
transaction HNST Common Stock Award $0 +51.7K +45.75% $0.00 165K Dec 8, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reported securities represent the automatic initial grant of Restricted Stock Units (RSUs) to the Reporting Person upon his appointment to the Issuer's Board of Directors on December 8, 2023. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 1/3 of the RSUs shall vest on December 8, 2024, and 1/3 of the RSUs shall vest yearly thereafter, in each case subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.
F2 Pursuant to the Issuer's Non-Employee Director Compensation Policy, the reported securities represent the automatic prorated annual grant of Restricted Stock Units (RSUs) to the Reporting Person upon his appointment to the Issuer's Board of Directors on December 8, 2023. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. The RSUs shall vest in full on the earlier of (a) December 8, 2024, and (b) the date immediately prior to the date of the Issuer's 2024 Annual Meeting, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through the vesting date.