Jeffrey Jacob Raider - Sep 27, 2021 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Role
Director
Signature
/s/ Hyung Bak, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Sep 27, 2021
Transactions value $
-$16,221,000
Form type
4
Date filed
9/29/2021, 09:27 PM
Previous filing
Sep 21, 2021
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Conversion of derivative security $0 +1.5M $0.00 1.5M Sep 27, 2021 By DAG WP Holdings LLC F1
transaction WRBY Class A Common Stock Sale -$8.1M -150K -10% $54.01 1.35M Sep 29, 2021 By DAG WP Holdings LLC F1, F2
transaction WRBY Class A Common Stock Sale -$8.12M -150K -5.91% $54.13 2.39M Sep 29, 2021 By AMH WP Holdings LLC F3
holding WRBY Class A Common Stock 450K Sep 27, 2021 Direct
holding WRBY Class A Common Stock 1.52M Sep 27, 2021 By The Jeffrey J. Raider 2011 Family Trust

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 WRBY Class B Common Stock Conversion of derivative security $0 -1.5M -59.09% $0.00 1.04M Sep 27, 2021 Class A Common Stock 1.5M By DAG WP Holdings LLC F4
holding WRBY Class B Common Stock 254K Sep 27, 2021 Class A Common Stock 254K By Ruth Gilboa 2017 GST-Exempt Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Raider disclaims pecuniary interest therein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.90 to $54.50. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.70 to $54.68. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 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.