Amit Shah - Jun 7, 2023 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role: Director
Signature: /s/ Meredith Deutsch, as attorney-in-fact for Amit Shah
Stock symbol: APRN
Transactions as of: Jun 7, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/9/2023, 05:01 PM
Previous filing: Mar 9, 2023
Next filing: Nov 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+1.61K	+653.25%		1.85K	Jun 7, 2023	Direct	F1, 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	-1.61K	-100%	$0.00^*	0	Jun 7, 2023	Class A Common Stock	1.61K		Direct	F1, F2, F3
transaction	APRN	Restricted Stock Units	Award	$0	+9.47K		$0.00	9.47K	Jun 7, 2023	Class A Common Stock	9.47K		Direct	F1, F4, F5

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

Explanation of Responses:

Id	Content
F1	Amounts reported in this Form 4 reflect the one-for-twelve reverse stock split effected by the issuer on June 7, 2023.
F2	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.
F3	The RSUs vested in full on June 7, 2023.
F4	Each RSU represents a contingent right to receive one share of Class A Common Stock.
F5	The RSUs are scheduled to vest in full on the earlier of June 7, 2024 and the date of the issuer's 2024 annual meeting of stockholders. The Reporting Person has elected to defer settlement of the shares of Class A common stock underlying these RSUs until the earlier of (i) 30 days following the Reporting Person's "separation from service" with the issuer and (ii) a "change in control event," each as defined under Section 409A of the Internal Revenue Code of 1986, as amended.