Key facts
- This page summarizes VIKING GLOBAL INVESTORS LP's Form 4 filing for FIGS, Inc. (FIGS).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 03 Sep 2021, 19:28.
VIKING GLOBAL INVESTORS LP - 02 Sep 2021 Form 4 Insider Report for FIGS, Inc. (FIGS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FIGS
- Reported as of
- 02 Sep 2021
- Net transaction value
- -$9,355,905
- SEC form
- 4
- Accepted by SEC
- 03 Sep 2021, 19:28:52 UTC
- Prior SEC filing
- 02 Aug 2021
- Next SEC filing
- 14 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Scott M. Hendler signing on behalf of O. Andreas Halvorsen (7) (8)
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
VIKING GLOBAL INVESTORS LP filed Form 4 for FIGS, Inc. (FIGS) on 03 Sep 2021.
Change
- Previous filing in this sequence was filed on 02 Aug 2021.
- Current net transaction value: -$9,355,905.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FIGS
transaction
Class A Common Stock
Sale
- Transaction value
- $7,450,713
- Shares
- -157,587
- Change %
- -1.1%
- Price
- $47.28
- Shares after
- 14,785,102
- Date
- 02 Sep 2021
- Ownership
- See Explanation Responses
- Footnotes
- F1, F2, F3, F4, F5
FIGS
transaction
Class A Common Stock
Sale
- Transaction value
- $1,905,192
- Shares
- -42,413
- Change %
- -0.29%
- Price
- $44.92
- Shares after
- 14,742,689
- Date
- 03 Sep 2021
- Ownership
- See Explanation Responses
- Footnotes
- F1, F2, F3, F4, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
VIKING GLOBAL INVESTORS LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of certain management entities, including Viking Global Partners LLC, the general partner of Viking Global Investors LP ("VGI") and Viking Global Opportunities GP LLC ("Opportunities GP"), the sole owner of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"). VGI provides managerial services to various investment funds, including Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund"). Each of VGI, Opportunities GP, Opportunities Portfolio GP, VGOL, Opportunities Fund, Mr. Halvorsen, Mr. Ott and Ms. Shabet (collectively the "Reporting Persons") may be deemed to beneficially own the shares reported on this form.
Footnote F2
VGI provides managerial services to Opportunities Fund, which directly holds the shares of Common Stock reported herein. Because of the relationship between VGI and VGOP, VGI may be deemed to beneficially own the shares of Common Stock held directly by Opportunities Fund.
Footnote F3
Opportunities Portfolio GP is the general partner of Opportunities Fund. Because of the relationship between Opportunities Portfolio GP and Opportunities Fund, Opportunities Portfolio GP may be deemed to beneficially own the shares of Common Stock held directly by Opportunities Fund. Opportunities GP is the sole owner of Opportunities Portfolio GP. Because of the relationship between Opportunities GP and Opportunities Portfolio GP, Opportunities GP may be deemed to beneficially own the shares of Common Stock held directly by Opportunities Fund.
Footnote F4
The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
Footnote F5
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.39 to $48.34. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (5) and (6).
Footnote F6
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.67 to $46.07.
SEC remarks
7. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. 8. Scott M. Hendler is signing on behalf of Mr. Halvorsen, Mr. Ott and Ms. Shabet, each individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, and VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, pursuant to authorization and designation letters dated February 9, 2021, which were filed with the Securities and Exchange Commission on June 7, 2021.