Kevin Fosty - 07 Aug 2024 Form 4 Insider Report for FIGS, Inc. (FIGS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Aug 2024, 18:40:31 UTC
Prior SEC filing
08 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Danielle Warner as Attorney-in-Fact for Kevin Fosty

Key filing fact

Kevin Fosty filed Form 4 for FIGS, Inc. (FIGS) on 09 Aug 2024.

Key facts

  • This page summarizes Kevin Fosty's Form 4 filing for FIGS, Inc. (FIGS).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Aug 2024, 18:40.

Change

  • Previous filing in this sequence was filed on 08 Jul 2024.
  • Current net transaction value: -$2,588.

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.

FIGS transaction

Class A Common Stock

Sale

Transaction value
$2,588
Shares
-454
Change %
-0.69%
Price
$5.70
Shares after
65,536
Date
07 Aug 2024
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kevin Fosty is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER SOLELY TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.

Footnote F2

REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON NOVEMBER 18, 2021, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.

Footnote F3

All but 11,430 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 30,682 shares of the Issuer's Class A Common Stock underlying vested options.

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