Daniella Turenshine - Dec 4, 2023 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role
Chief Financial Officer
Signature
/s/ Danielle Warner as Attorney-in-Fact for Daniella Turenshine
Stock symbol
FIGS
Transactions as of
Dec 4, 2023
Transactions value $
-$134,012
Form type
4
Date filed
12/6/2023, 06:14 PM
Previous filing
Nov 7, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIGS Class A Common Stock Sale -$80.8K -10.9K -2.42% $7.39 442K Dec 4, 2023 Direct F1, F2
transaction FIGS Class A Common Stock Sale -$53.2K -7.6K -1.72% $7.00 434K Dec 6, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 RESTRICTED STOCK UNITS ("RSUs"). THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON NOVEMBER 11, 2021.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.3309 to $7.3909 per share, 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 sold at each separate price within the range set forth in this footnote.
F3 The reported sales occurred pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2023.
F4 All but 145,968 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 618,749 shares of the Issuer's Class A Common Stock underlying vested options.