Steinberg Larry 4
4 · Rent the Runway, Inc. · Filed Nov 2, 2021
Insider Transaction Report
Form 4
Steinberg Larry
Chief Technology Officer
Transactions
- Other
Common Stock
2021-10-29−122,162→ 0 total - Other
Stock Option (Right to Buy)
2021-10-29−237,400→ 0 totalExercise: $6.76Exp: 2031-03-24→ Common Stock (237,400 underlying) - Conversion
Common Stock
2021-10-29+23,744→ 122,162 total - Other
Class A Common Stock
2021-10-29+122,162→ 122,162 total - Other
Stock Option (Right to Buy)
2021-10-29+237,400→ 237,400 totalExercise: $6.76Exp: 2031-03-24→ Class A Common Stock (237,400 underlying) - Conversion
Series G Preferred Stock
2021-10-29−23,744→ 0 total→ Common Stock (23,744 underlying)
Footnotes (3)
- [F1]Upon the closing of the Issuer's initial public offering, each share of preferred stock automatically converted into shares of the Issuer's common stock on a one-for-one basis for no additional consideration.
- [F2]Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class A Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F3]The option vests and becomes exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal monthly installments thereafter.