| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FIGS | Class A Common Stock | Sale | -$619K | -74.2K | -4.93% | $8.34 | 1.43M | Jun 2, 2023 | Direct | F1, F2 |
| transaction | FIGS | Class A Common Stock | Other | $0 | -97.9K | -6.85% | $0.00 | 1.33M | Jun 5, 2023 | Direct | F3, F4 |
| holding | FIGS | Class A Common Stock | 8.34K | Jun 2, 2023 | Held by the Heather Hasson Revocable Trust | ||||||
| holding | FIGS | Class A Common Stock | 141 | Jun 2, 2023 | Held by Hollywood Capital Partners LLC | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FIGS | Class B Common Stock | Other | $0 | +97.9K | +12.57% | $0.00 | 876K | Jun 5, 2023 | Class A Common Stock | 97.9K | Direct | F3, F6 | |
| holding | FIGS | Class B Common Stock | 942K | Jun 2, 2023 | Class A Common Stock | 942K | Held by The Maple Tree Irrevocable Trust u/a/d 10/16/2020 | F6 | ||||||
| holding | FIGS | Class B Common Stock | 799K | Jun 2, 2023 | Class A Common Stock | 799K | Held by the Heather Hasson Revocable Trust | F6 |
| Id | Content |
|---|---|
| F1 | THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, THE RELATED SALE OF CERTAIN SHARES REQUIRED TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs AND THE EXCHANGE BY THE REPORTING PERSON OF CERTAIN SHARES OF THE ISSUER'S CLASS A COMMON STOCK FOR SHARES OF THE ISSUER'S CLASS B COMMON STOCK. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. |
| F2 | REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES. |
| F3 | Upon vesting and settlement of RSUs for shares of the Issuer's Class A Common Stock, such shares were 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 (the "Equity Award Exchange Right Agreement"). |
| F4 | All but 264,045 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 the Equity Award Exchange Right Agreement. |
| F5 | 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. |
| F6 | Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B common stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031. |
The number of shares listed in column 5 of Table I and column 9 of Table II do not include stock options held by the Reporting Person.