Katherine Barton - 18 May 2023 Form 4 Insider Report for Honest Company, Inc. (HNST)

Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Issuer symbol
HNST
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 16:11:38 UTC
Previous filing
16 May 2023
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Award $0 +843,565 $0.000000 843,565 18 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 18, 2023, the Compensation Committee of the Issuer's Board of Directors approved a grant to the Reporting Person with a grant date of May 18, 2023 in the number of Restricted Stock Units ("RSUs") in Table I, Box 4 above, pursuant to the Issuer's 2023 Inducement Plan and in accordance with the terms of the Reporting Person's employment agreement effective May 8, 2023. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 25% of the RSUs vest on May 19, 2024 and an additional 6.25% of the RSUs vesting on each quarterly vesting date thereafter, subject to the Reporting Person's continued employment with the Issuer.