Linda Findley - 25 Feb 2023 Form 4 Insider Report for Blue Apron Holdings, Inc.

Signature
/s/ Meredith Deutsch, as attorney-in-fact for Linda Findley
Issuer symbol
N/A
Transactions as of
25 Feb 2023
Net transactions value
-$9,619
Form type
4
Filing time
28 Feb 2023, 18:12:01 UTC
Previous filing
18 Jan 2023
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APRN Class A Common Stock Options Exercise +12,099 +5.4% 234,354 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Options Exercise +998 +0.43% 235,352 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Options Exercise +999 +0.42% 236,351 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Options Exercise +997 +0.42% 237,348 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Options Exercise +998 +0.42% 238,346 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Options Exercise +7,783 +3.3% 246,129 25 Feb 2023 Direct F1
transaction APRN Class A Common Stock Sale $9,619 -11,485 -4.7% $0.8375* 234,644 28 Feb 2023 Direct F2

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 APRN Restricted Stock Units Options Exercise $0 -12,099 -69% $0.000000 5,557 25 Feb 2023 Class A Common Stock 12,099 Direct F1, F3
transaction APRN Restricted Stock Units Options Exercise $0 -998 -20% $0.000000 3,991 25 Feb 2023 Class A Common Stock 998 Direct F1, F4
transaction APRN Restricted Stock Units Options Exercise $0 -999 -20% $0.000000 3,993 25 Feb 2023 Class A Common Stock 999 Direct F1, F5
transaction APRN Restricted Stock Units Options Exercise $0 -997 -20% $0.000000 3,990 25 Feb 2023 Class A Common Stock 997 Direct F1, F6
transaction APRN Restricted Stock Units Options Exercise $0 -998 -20% $0.000000 3,991 25 Feb 2023 Class A Common Stock 998 Direct F1, F7
transaction APRN Restricted Stock Units Options Exercise $0 -7,783 -11% $0.000000 62,258 25 Feb 2023 Class A Common Stock 7,783 Direct F1, F8
transaction APRN Restricted Stock Units Award $0 +150,000 $0.000000 150,000 25 Feb 2023 Class A Common Stock 150,000 Direct F1, F9
transaction APRN Performance Stock Unit Award $0 +150,000 $0.000000 150,000 25 Feb 2023 Class A Common Stock 150,000 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
F2 Represents the shares automatically sold by the reporting person to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale does not represent a discretionary trade by the reporting person.
F3 On May 25, 2019, the reporting person was granted 193,572 RSUs, scheduled to vest over four years, with 3.38% of the RSUs vesting on May 25, 2019, 6.25% of the RSUs vesting in equal quarterly installments (on each August 25, November 25, February 25 and May 25) over the following 15 quarterly periods, and the remaining 2.87% of the RSUs vesting on May 25, 2023.
F4 On February 27, 2020, the reporting person was granted RSUs, scheduled to vest over four years, of which the remaining 3,991 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each May 25, August 25, November 25 and February 25) through February 25, 2024.
F5 On May 25, 2020, the reporting person was granted RSUs, of which the remaining 3,993 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each August 25, November 25, February 25 and May 25) through February 25, 2024.
F6 On August 25, 2020, the reporting person was granted RSUs, of which the remaining 3,990 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each November 25, February 25, May 25, and August 25) through February 25, 2024.
F7 On November 25, 2020, the reporting person was granted RSUs, of which the remaining 3,991 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each February 25, May 25, August 25, and November 25) through February 25, 2024.
F8 On February 25, 2022, the reporting person was granted RSUs, of which the remaining 62,258 unvested RSUs reflected in Table II above will vest in equal quarterly installments (on each May 25, August 25, November 25, and February 25) through February 25, 2025.
F9 On February 25, 2023, the reporting person was granted RSUs, which will vest in equal quarterly installments (on each May 25, August 25, November 25, and February 25) through February 25, 2026.
F10 Each performance stock unit ("PSU") represents the right to receive one share of Class A Common Stock.
F11 On February 25, 2023, the reporting person was granted PSUs. The number of PSUs that could be earned and vest under this grant depend on the issuer's total shareholder return ("TSR") over the performance period beginning January 1, 2023 and ending December 31, 2025 relative to the TSR of the group companies in the Russell 2000 Index. The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount.