Catherine Spear - Mar 7, 2023 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Danielle Warner, Attorney-in-Fact for Catherine E. Spear
Stock symbol: FIGS
Transactions as of: Mar 7, 2023
Transactions value $: $4,979,389
Form type: 4
Date filed: 3/8/2023, 03:34 PM
Previous filing: Mar 7, 2023
Next filing: May 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FIGS	Class A Common Stock	Purchase	$4.74M	+750K	+10603.7%	$6.32	757K	Mar 7, 2023	Held by the Catherine Spear Revocable Trust	F1
transaction	FIGS	Class A Common Stock	Purchase	$242K	+40K	+5.28%	$6.06	797K	Mar 8, 2023	Held by the Catherine Spear Revocable Trust	F2
holding	FIGS	Class A Common Stock						607K	Mar 7, 2023	Direct	F3
holding	FIGS	Class A Common Stock						141	Mar 7, 2023	Held by Hollywood Capital Partners LLC	F4

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.25 to $6.41, inclusive. The Reporting Person undertakes to provide to 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 purchased at each separate price within the range set forth in this footnote.
F2	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.96 to $6.27, inclusive. The Reporting Person undertakes to provide to 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 purchased at each separate price within the range set forth in this footnote.
F3	All but 35,510 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person.
F4	The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.

Remarks:

The number of shares listed in column 5 of Table I do not include shares of the Issuer's Class B Common Stock nor stock options held by the Reporting Person.