Dorria L. Ball - 29 Feb 2024 Form 4 Insider Report for Honest Company, Inc. (HNST)

Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Issuer symbol
HNST
Transactions as of
29 Feb 2024
Net transactions value
$0
Form type
4
Filing time
01 Mar 2024, 18:09:23 UTC
Previous filing
12 Jan 2024
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Award $0 +208,757 $0.000000 208,757 29 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 29, 2024, the Compensation Committee of the Issuer's Board of Directors approved a grant to the Reporting Person with a grant date of February 29, 2024 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 January 2, 2024. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 25% of the RSUs vest on March 4, 2025 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.