Steve Lo - May 13, 2021 Form 4 Insider Report for TheRealReal, Inc. (REAL)

Role
VP, Chief Accounting Officer
Signature
By: Matt Gustke For: Steve Lo
Stock symbol
REAL
Transactions as of
May 13, 2021
Transactions value $
$7,680
Form type
4
Date filed
5/17/2021, 05:17 PM
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REAL Common Stock Options Exercise $7.68K +3K +5.98% $2.56 53.2K May 13, 2021 Direct F1

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 REAL Incentive Stock Option (right to buy) Options Exercise $0 -3K -18.75% $0.00 13K May 13, 2021 Common Stock 3K $2.56 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised stock options to purchase 3,000 shares of the Issuer's common stock in a transaction exempt under Rule 16b-3. There are no sales of the Issuer's common stock by the Reporting Person in connection with this transaction.
F2 This option vests 25% on September 26, 2017, and then in 36 substantially equal monthly installments thereafter, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.