Martin Willhite - Jun 7, 2023 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role
Director
Signature
/s/ Danielle Warner, Attorney-in-Fact for John Martin Willhite
Stock symbol
FIGS
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 04:40 PM
Previous filing
Jun 10, 2022
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIGS Class A Common Stock Award $0 +18.2K +0.57% $0.00 3.19M Jun 7, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2023 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 7, 2023 and (ii) the date of the Issuer's next annual meeting of stockholders following June 7, 2023, subject to the Reporting Person's continued service through the applicable vesting date.
F2 18,227 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. This amount also includes 3,147,432 shares of the Issuer's Class A Common Stock received in a pro rata distribution exempt pursuant to Rule 16a-9 under the Securities Exchange Act of 1934, as amended.