Steven Clive Miller - Sep 29, 2021 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Role
Chief Financial Officer
Signature
/s/ Hyung Bak, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Sep 29, 2021
Transactions value $
-$8,220,519
Form type
4
Date filed
10/1/2021, 09:09 PM
Previous filing
Sep 21, 2021
Next filing
Oct 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Options Exercise $0 +81.7K +57.64% $0.00 223K Sep 29, 2021 Direct F1
transaction WRBY Class A Common Stock Sale -$6.41M -119K -38.99% $53.89 186K Sep 29, 2021 Direct F2
transaction WRBY Class A Common Stock Purchase $5.41K +100 +0.05% $54.05 186K Sep 29, 2021 Direct
transaction WRBY Class A Common Stock Options Exercise $100K +36.1K +19.38% $2.77* 222K Sep 29, 2021 Direct
transaction WRBY Class A Common Stock Sale -$1.91M -36.1K -16.23% $53.01 186K Sep 29, 2021 Direct F3

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 Restricted Stock Units Options Exercise $0 -5.28K -16.66% $0.00 26.4K Sep 29, 2021 Class A Common Stock 5.28K Direct F4, F5
transaction WRBY Restricted Stock Units Options Exercise $0 -29.2K -91.66% $0.00 2.65K Sep 29, 2021 Class A Common Stock 29.2K Direct F4, F6
transaction WRBY Restricted Stock Units Options Exercise $0 -16.8K -41.66% $0.00 23.6K Sep 29, 2021 Class A Common Stock 16.8K Direct F4, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -27K -66.67% $0.00 13.5K Sep 29, 2021 Class A Common Stock 27K Direct F4, F8
transaction WRBY Restricted Stock Units Options Exercise $0 -3.4K -4.17% $0.00 78.1K Sep 29, 2021 Class A Common Stock 3.4K Direct F4, F9
transaction WRBY Stock Option (Right to Buy) Options Exercise $0 -36.1K -100% $0.00* 0 Sep 29, 2021 Class A Common Stock 36.1K $2.77 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This filing relates to the occurrence of a RSU vesting event.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.73 to $54.38. 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 $53.00 to $53.33. 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 Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F5 On May 31, 2018, the Reporting Person was granted 31,696 Restricted Stock Units. The restricted stock units will vest in 48 monthly installments beginning on January 1, 2021 and will expire on January 27, 2028.
F6 On June 18, 2019, the Reporting Person was granted 31,813 Restricted Stock Units. The restricted stock units will vest in 48 monthly installments beginning on January 1, 2018 and will expire on October 16, 2025.
F7 On November 20, 2019, the Reporting Person was granted 40,399 Restricted Stock Units. The restricted stock units will vest in 48 monthly installments beginning on January 1, 2020 and will expire on November 19, 2026.
F8 On November 20, 2019, the Reporting Person was granted 40,554 Restricted Stock Units. The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on March 28, 2026.
F9 On November 20, 2019, the Reporting Person was granted 81,533 Restricted Stock Units. The restricted stock units will vest in 48 monthly installments beginning on July 1, 2021 and will expire on June 14, 2031.
F10 The Stock option was granted on February 21, 2014, will vest in 36 monthly installments beginning on January 1, 2014 and will expire on February 20, 2024.