Fleiss Jennifer 4
4 · Rent the Runway, Inc. · Filed Mar 17, 2022
Insider Transaction Report
Form 4
Fleiss Jennifer
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2022-03-15+3,440→ 612,521 total→ Class A Common Stock (3,440 underlying) - Exercise/Conversion
Restricted Stock Units
2022-03-15−3,440→ 13,760 total→ Class B Common Stock (3,440 underlying)
Footnotes (2)
- [F1]Each restricted stock units ("RSUs") represents a contingent right to receive one share of the Issuer's Class B Common Stock. The 3,440 RSUs that vested on February 1, 2022 became settleable on March 15, 2022. The remaining RSUs will vest in 4 substantially equal quarterly installments commencing on May 1, 2022. The RSUs have no expiration date.
- [F2]Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire.