Beverly K. Carmichael - Jun 7, 2023 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role
Director
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Beverly Carmichael
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 24, 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 +720.63% 1.83K 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 and are subject to a deferral election. Shares of Class A Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
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 13, 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.