4//SEC Filing
Tulco, LLC 4
Accession 0001209191-22-020767
CIK 0001846576other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 4:16 PM ET
Size
9.3 KB
Accession
0001209191-22-020767
Insider Transaction Report
Form 4
FIGS, Inc.FIGS
Tulco, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-03-21+6,300,000→ 58,000,932 total - Other
Class A Common Stock
2022-03-21−58,000,932→ 0 total - Conversion
Class B Common Stock
2022-03-21−6,300,000→ 0 total→ Class A Common Stock (6,300,000 underlying)
Footnotes (2)
- [F1]On March 21, 2022, Tulco, LLC distributed to its members in-kind, without consideration, all 58,000,932 shares of the Issuer's Class A Common Stock it held on a pro-rata basis. Of the shares distributed, 27,426,398 were distributed to Thomas J. Tull and certain entities affiliated with him. The above distribution did not involve any sale of shares by the reporting person.
- [F2]Each share of Class B Common Stock is convertible at any time at the option of Tulco, LLC into one share of Class A Common Stock. In addition, each share of Class B common stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031.
Documents
Issuer
FIGS, Inc.
CIK 0001846576
Entity typeother
Related Parties
1- filerCIK 0001864758
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 4:16 PM ET
- Size
- 9.3 KB