Casey O'Connor - Dec 14, 2022 Form 4 Insider Report for Stitch Fix, Inc. (SFIX)

Role
Chief Legal Officer
Signature
Casey O'Connor
Stock symbol
SFIX
Transactions as of
Dec 14, 2022
Transactions value $
-$15,178
Form type
4
Date filed
12/16/2022, 04:31 PM
Previous filing
Dec 8, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFIX Class A Common Stock Tax liability -$15.2K -3.72K -4.22% $4.08 84.5K Dec 14, 2022 Direct F1
transaction SFIX Class A Common Stock Award $0 +250K +295.93% $0.00 334K Dec 15, 2022 Direct F2

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 SFIX Non-qualified Stock Option (Right to Buy) Award $0 +500K $0.00 500K Dec 15, 2022 Class A Common Stock 500K $3.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units.
F2 25% of the shares subject to the restricted stock unit grant shall vest on June 14, 2023. The remaining shares subject to the restricted stock unit grant shall vest as follows: 25% of the shares in equal quarterly installments over the next two (2) quarterly vesting dates; 33 1/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates; and 16 2/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates. All vesting is subject to the Reporting Person's Continuous Service through the applicable vesting date. Outstanding restricted stock units are subject to acceleration upon a Change in Control.
F3 25% of the shares subject to the option grant shall vest on June 14, 2023. The remaining shares subject to the option grant shall vest as follows: 25% of the shares in equal quarterly installments over the next two (2) quarterly vesting dates; 33 1/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates; and 16 2/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates. All vesting is subject to the Reporting Person's Continuous Service through the applicable vesting date. Outstanding restricted stock units are subject to acceleration upon a Change in Control.