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

Role: Chief Legal Officer
Signature: Casey O'Connor
Issuer symbol: SFIX
Transactions as of: 14 Dec 2022
Net transactions value: -$15,178
Form type: 4
Filing time: 16 Dec 2022, 16:31:39 UTC
Previous filing: 08 Dec 2022
Next filing: 16 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFIX	Class A Common Stock	Tax liability	$15,178	-3,720	-4.2%	$4.08	84,479	14 Dec 2022	Direct	F1
transaction	SFIX	Class A Common Stock	Award	$0	+250,000	+296%	$0.000000	334,479	15 Dec 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	+500,000		$0.000000	500,000	15 Dec 2022	Class A Common Stock	500,000	$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.