Neil Harris Blumenthal - 21 Sep 2021 Form 3 Insider Report for Warby Parker Inc. (WRBY)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Hyung Bak, Attorney-in-Fact
Issuer symbol
WRBY
Transactions as of
21 Sep 2021
Net transactions value
$0
Form type
3
Filing time
21 Sep 2021, 21:15:24 UTC
Next filing
29 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WRBY Class A Common Stock 2,411,167 21 Sep 2021 By JJR WP Holdings LLC

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
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 2,775,394 Direct F1
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 1,519,661 By Neil H. Blumenthal 2011 Family Trust F1
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 399,402 By Teal Aquarius Trust F1
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 400,000 By Royal Blue Aries Trust F1
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 400,000 By Tiffany Blue Gemini Trust F1
holding WRBY Class B Common Stock 21 Sep 2021 Class A Common Stock 800,000 By Cobalt Pisces Trust F1
holding WRBY Performance Stock Units 21 Sep 2021 Class B Common Stock 2,198,844 Direct F2, F3
holding WRBY Restricted Stock Units 21 Sep 2021 Class B Common Stock 57,721 Direct F3, F4
holding WRBY Restricted Stock Units 21 Sep 2021 Class B Common Stock 72,718 Direct F3, F5
holding WRBY Restricted Stock Units 21 Sep 2021 Class B Common Stock 69,303 Direct F3, F6
holding WRBY Restricted Stock Units 21 Sep 2021 Class B Common Stock 942,362 Direct F3, F7
holding WRBY Stock Option (Right to Buy) 21 Sep 2021 Class B Common Stock 706,390 $0.7200 Direct F8
holding WRBY Stock Option (Right to Buy) 21 Sep 2021 Class B Common Stock 710,759 $3.83 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at the option of the holder and has no expiration date.
F2 The performance stock units will only vest, if at all, in substantially equal installments upon the achievement by the Issuer of a price per share of Class A Common Stock that equals or exceeds each of the following seven share price thresholds: $47.75, $55.71, $63.67, $71.63, $79.59, $87.55, $95.50 and $103.46, over a period of ten years, and will expire on June 15, 2031.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock.
F4 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on May 1, 2026.
F5 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026.
F6 The restricted stock units will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028.
F7 The restricted stock units will vest in 60 monthly installments beginning on July 1, 2021, will expire on June 15, 2031.
F8 The Stock option was granted on July 27, 2012, is fully vested, and will expire on July 26, 2022.
F9 The Stock option was granted on February 22, 2017, is fully vested, and will expire on February 21, 2027.

Remarks:

EXHIBIT LIST: EX-24 POA - Neil Blumenthal