HUEBNER ELIZABETH 4
4 · Blue Apron Holdings, Inc. · Filed Nov 1, 2021
Insider Transaction Report
Form 4
HUEBNER ELIZABETH
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2021-10-28$10.00/sh+5,761$57,610→ 36,894 total - Exercise/Conversion
Subscription Rights (right to buy)
2021-10-28−31,133→ 0 totalExercise: $1.85From: 2021-10-12Exp: 2021-10-28→ Class A Common Stock (13,826.875 underlying) - Exercise/Conversion
Warrants (right to buy)
2021-10-28+31,133→ 31,133 totalExercise: $18.00From: 2021-11-04Exp: 2028-11-06→ Class A Common Stock (2,304.536 underlying) - Exercise/Conversion
Warrants (right to buy)
2021-10-28+31,133→ 31,133 totalExercise: $15.00From: 2021-11-04Exp: 2028-11-06→ Class A Common Stock (4,609.072 underlying) - Exercise/Conversion
Warrants (right to buy)
2021-10-28+31,133→ 31,133 totalExercise: $20.00From: 2021-11-04Exp: 2028-11-06→ Class A Common Stock (1,152.268 underlying)
Footnotes (6)
- [F1]The effective purchase price of the shares of Class A common stock and Warrants (as defined below) underlying the subscription rights issued in connection with the registrant's rights offering was $10.00 per share and associated Warrants.
- [F2]Each subscription right issued in connection with the registrant's rights offering was exercisable for (i) 0.185055707113895 shares of the registrant's Class A common stock, (ii) one warrant to purchase 0.148044565691116 shares of the registrant's Class A common stock at an exercise price of $15.00 per share (a "$15 Warrant"), (iii) one warrant to purchase 0.074022282845558 shares of the registrant's Class A common stock at an exercise price of $18.00 per share (an "$18 Warrant"), and (iv) one warrant to purchase 0.037011141422779 shares of the registrant's Class A common stock at an exercise price of $20.00 per share (a "$20 Warrant" and, collectively with the $15 Warrants and $18 Warrants, the "Warrants").
- [F3]The number of shares reported here reflects the number of shares of Class A common stock to be issued to the reporting person in connection with the exercise of the subscription rights as well as the shares of Class A common stock underlying the Warrants issued to the reporting person in connection with the exercise of the subscription rights. The closing of the rights offering and the issuance of the Class A common stock and Warrants are expected to be on or about November 4, 2021.
- [F4]Each $15 Warrant to be issued to the reporting person is exercisable for 0.148044565691116 shares of the registrant's Class A common stock. The number of shares of Class A common stock reported in Column 7 is rounded to the nearest ten-thousandth, but the actual number of shares of Class A common stock underlying the $15 Warrant is 4,609.07146366152 shares, which number is subject to adjustment in certain circumstances in accordance with the terms of the $15 Warrant. The $15 Warrants are only exercisable for whole shares of Class A common stock.
- [F5]Each $18 Warrant to be issued to the reporting person is exercisable for 0.074022282845558 shares of the registrant's Class A common stock. The number of shares of Class A common stock reported in Column 7 is rounded to the nearest ten-thousandth, but the actual number of shares of Class A common stock underlying the $18 Warrant is 2,304.53573183076 shares, which number is subject to adjustment in certain circumstances in accordance with the terms of the $18 Warrant. The $18 Warrants are only exercisable for whole shares of Class A common stock.
- [F6]Each $20 Warrant to be issued to the reporting person is exercisable for 0.037011141422779 shares of the registrant's Class A common stock. The number of shares of Class A common stock reported in Column 7 is rounded to the nearest ten-thousandth, but the actual number of shares of Class A common stock underlying the warrant is 1,152.26786591538 shares, which number is subject to adjustment in certain circumstances in accordance with the terms of the $20 Warrant. The $20 Warrants are only exercisable for whole shares of Class A common stock.