Greben Randy J 4
4 · Blue Apron Holdings, Inc. · Filed Mar 1, 2021
Insider Transaction Report
Form 4
Greben Randy J
CFO & Treasurer
Transactions
- Award
Performance Stock Units
2021-03-01+60,000→ 60,000 total→ Class A Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Each performance stock unit ("PSU") represents a right to receive one share of Class A Common Stock.
- [F2]On March 1, 2021, the reporting person was granted 60,000 PSUs. Vesting of 50%, 25% and 25% of the PSUs is subject to the issuer's Class A Common Stock achieving certain minimum unweighted closing prices per share averaged over a 30 consecutive trading day period prior to February 25, 2024. PSUs that meet the stock price targets referred to in the prior sentence will vest (i) 50% on the later to occur of (A) the date a stock price target is met and (B) February 25, 2022 and (ii) 50% on February 25, 2024. Any PSUs that have not achieved the performance targets by February 25, 2024 shall expire and have no further force or effect.