Katrina Lake - 06 Jan 2023 Form 4 Insider Report for Stitch Fix, Inc. (SFIX)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Casey O'Connor Attorney-in-Fact for Katrina Lake
Issuer symbol: SFIX
Transactions as of: 06 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 10 Jan 2023, 17:22:32 UTC
Previous filing: 18 Nov 2021
Next filing: 17 Jul 2024
SEC: View on sec.gov

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	Class A Common Stock	Award	$0	+150,000		$0.000000	150,000	06 Jan 2023	Class A Common Stock	150,000	$3.64	Direct	F1
transaction	SFIX	Class A Common Stock	Award	$0	+50,000		$0.000000	50,000	06 Jan 2023	Class A Common Stock	50,000	$3.64	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	100% of the shares subject to the Option will vest upon the earlier to occur of July 5, 2023 and the first day of employment of a successor Chief Executive Officer. The Option will be subject to full acceleration of vesting in the event of either a termination of Ms. Lake's employment as Chief Executive Officer by the Company without cause, whether or not in connection with a change in control, or resignation by Ms. Lake for good reason, prior to July 6, 2023.
F2	100% of the shares subject to the Option will vest upon the first day of employment of a successor Chief Executive Officer, provided her successor is offered the role prior to July 5, 2023. All vesting is subject to the Reporting Person's Continuous Service through the applicable vesting date.

Content

100% of the shares subject to the Option will vest upon the earlier to occur of July 5, 2023 and the first day of employment of a successor Chief Executive Officer. The Option will be subject to full acceleration of vesting in the event of either a termination of Ms. Lake's employment as Chief Executive Officer by the Company without cause, whether or not in connection with a change in control, or resignation by Ms. Lake for good reason, prior to July 6, 2023.

100% of the shares subject to the Option will vest upon the first day of employment of a successor Chief Executive Officer, provided her successor is offered the role prior to July 5, 2023. All vesting is subject to the Reporting Person's Continuous Service through the applicable vesting date.