Key facts
- This page summarizes Thomas J. Tull's Form 4 filing for FIGS, Inc. (FIGS).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Jan 2025, 17:48.
Thomas J. Tull - 11 Jan 2025 Form 4 Insider Report for FIGS, Inc. (FIGS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FIGS
- Reported as of
- 11 Jan 2025
- Net transaction value
- -$118,999,994
- SEC form
- 4
- Accepted by SEC
- 14 Jan 2025, 17:48:12 UTC
- Prior SEC filing
- 10 Jan 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Thomas J. Tull
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Thomas J. Tull filed Form 4 for FIGS, Inc. (FIGS) on 14 Jan 2025.
Change
- Previous filing in this sequence was filed on 10 Jan 2025.
- Current net transaction value: -$118,999,994.
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
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $118,999,994
- Shares
- -19,039,999
- Change %
- -74%
- Price
- $6.25
- Shares after
- 6,675,631
- Date
- 11 Jan 2025
- Ownership
- By Tull Family Trust
- Footnotes
- F1, F2, F3
FIGS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,101,277
- Date
- 11 Jan 2025
- Ownership
- Direct
FIGS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,918
- Date
- 11 Jan 2025
- Ownership
- By First Light Investors, LLC
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FIGS
transaction
Derivative
Put Option (right to sell)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -19,039,999
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 11 Jan 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 19,039,999
- Exercise price
- $6.25
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Thomas J. Tull is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On January 11, 2025, pursuant to the Put-Call Agreement dated January 7, 2025 among BAMCO, Inc. (the "Buyer"), a wholly-owned subsidiary of Baron Capital Group, Inc., Thomas J. Tull, in his individual capacity ("Tull"), Thomas J. Tull, in his capacity as trustee of the Tull Family Trust, u/a/d August 1, 2005, as amended ("Tull Family Trust"), and First Light Investors, LLC, which is controlled by Tull's spouse ("First Light" and, collectively with Tull and Tull Family Trust, the "Sellers"), the Sellers exercised the right to require the Buyer to purchase from the Sellers 19,039,999 shares of Class A Common Stock of the Issuer at a price equal to $6.25 per share.
Footnote F2
Includes 45,455 shares of Class A Common Stock held by the Tull Family Trust and inadvertently omitted from prior filings.
Footnote F3
Represents securities held directly by the Tull Family Trust, of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of the securities held by the Tull Family Trust, except to the extent of his pecuniary interest therein.
Footnote F4
Represents securities held directly by First Light Investors, LLC, which is controlled by the reporting person's spouse. The reporting person disclaims beneficial ownership of the securities held by First Light Investors, LLC, except to the extent of his pecuniary interest therein.