David Aufderhaar - Apr 3, 2023 Form 4 Insider Report for Stitch Fix, Inc. (SFIX)

Role
Chief Financial Officer
Signature
Casey O'Connor, Attorney-in-fact for David Aufderhaar
Stock symbol
SFIX
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 05:25 PM
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFIX Class A Common Stock Award $0 +400K +491.3% $0.00 481K Apr 3, 2023 Direct F1
transaction SFIX Class A Common Stock Award $0 +250K +51.93% $0.00 731K Apr 3, 2023 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 +800K $0.00 800K Apr 3, 2023 Class A Common Stock 800K $5.02 Direct F3
transaction SFIX Non-qualified Stock Option (Right to Buy) Award $0 +500K $0.00 500K Apr 3, 2023 Class A Common Stock 500K $5.02 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the restricted stock units will vest on December 13, 2023, 12.5% of the shares will vest on each of March 13, 2024 and June 12, 2024, 8.33% will vest on each of four equal quarterly installments over the following 4 quarters, and 4.17% will vest on each of four equal quarterly installments over the remaining 4 quarters, subject to Mr. Aufderhaar's continued service on each vesting date.
F2 1/12th of the shares subject to the restricted stock units will vest on June 12, 2024 and 1/12th of the total number of shares will vest quarterly thereafter, subject to Mr. Aufderhaar's continuous service on each vesting date.
F3 25% of the shares subject to the option will vest on December 13, 2023, 12.5% of the shares will vest on each of March 13, 2024 and June 12, 2024, 8.33% will vest on each of four equal quarterly installments over the following 4 quarters, and 4.17% will vest on each of four equal quarterly installments over the remaining 4 quarters, subject to Mr. Aufderhaar's continued service on each vesting date.
F4 1/12th of the shares subject to the option will vest on June 12, 2024 and 1/12th of the total number of options will vest quarterly thereafter. All vesting is subject to Mr. Aufderhaar's continuous service on each vesting date.