McCreight David W. 4
4 · Lulu's Fashion Lounge Holdings, Inc. · Filed Feb 14, 2023
Insider Transaction Report
Form 4
McCreight David W.
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Options
2023-02-13−161,396→ 161,397 totalExercise: $11.35Exp: 2031-04-19→ Common Stock (161,396 underlying)
Footnotes (3)
- [F1]This transaction represents the voluntary forfeiture of 161,396 unvested stock options by the Reporting Person on February 13, 2023.
- [F2]161,397 out of the 322,793 options originally granted became fully vested and exercisable upon completion of the Issuer's initial public offering.
- [F3]On February 13, 2023, the Company and Mr. McCreight entered into the First Amendment to Lulu's Fashion Lounge Holdings, Inc. 2021 Equity Incentive Plan Stock Option Agreement governing the 161,397 vested stock options to extend the post-termination exercise period of those options from 90 days to three (3) years from a termination of service other than for cause, death or disability. No other changes to the option agreement were made.