Daniel J. Nova - 13 Jul 2022 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Jul 2022, 17:48:39 UTC
Prior SEC filing
27 May 2022
Next SEC filing
08 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Cara Schembri as Attorney-in-fact for Daniel J. Nova

Key filing fact

Daniel J. Nova filed Form 4 for Rent the Runway, Inc. (RENT) on 15 Jul 2022.

Key facts

  • This page summarizes Daniel J. Nova's Form 4 filing for Rent the Runway, Inc. (RENT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Jul 2022, 17:48.

Change

  • Previous filing in this sequence was filed on 27 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RENT transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+14,758
Change %
Price
$0.000000
Shares after
14,758
Date
13 Jul 2022
Ownership
Direct
Footnotes
F1
RENT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,119,970
Date
13 Jul 2022
Ownership
See Footnotes
Footnotes
F2, F3
RENT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
47,885
Date
13 Jul 2022
Ownership
See Footnotes
Footnotes
F3, F4
RENT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,088,560
Date
13 Jul 2022
Ownership
See Footnotes
Footnotes
F3, F5
RENT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
847,978
Date
13 Jul 2022
Ownership
See Footnote
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

This is an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. This award is granted as part of the Reporting Person's annual equity award under the Company's Non-employee Director Compensation Program. 100% of this award will vest on the earlier of 1) the one year anniversary of the grant date or 2) the date of the next Annual Meeting of Stockholders, subject to the Reporting Person's continuous service as a member of the Board of Directors on such date.

Footnote F2

These shares are held of record by Highland Capital Partners VIII-C Limited Partnership ("Highland Capital VIII-C").

Footnote F3

Highland Management Partners VIII Limited ("HMP VIII Ltd") is the general partner of Highland Management Partners VIII Limited Partnership ("HMP VIII LP"), which is the general partner of each of Highland Capital VIII-B, Highland Capital VIII-C and Highland Capital VIII (collectively, the "Highland VIII Funds"). The Reporting Person is a Director of HMP VIII Ltd and may be deemed to have voting and dispositive power over the shares held by each of the Highland VIII Funds. The Reporting Person disclaims beneficial ownership of the securities held by each of the Highland VIII Funds, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.

Footnote F4

These shares are held of record by Highland Capital Partners VIII-B Limited Partnership ("Highland Capital VIII-B").

Footnote F5

These shares are held of record by Highland Capital Partners VIII Limited Partnership ("Highland Capital VIII").

Footnote F6

These shares are held of record by Highland Leaders Fund I, L.P. ("HLF I"). The general partner of HLF I is Highland Leaders Fund I GP, L.P. ("HLF I GP LP"), whose general partner is Highland Leaders Fund I GP, LLC ("HLF I GP LLC"). The Reporting Person is a Managing Member of HLF I GP LLC and may be deemed to have voting and dispositive power over the shares held by HLF I. The Reporting Person disclaims beneficial ownership of the securities held by HLF I, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.

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