KAPLAN BETH J 4
4 · Rent the Runway, Inc. · Filed Jul 13, 2023
Insider Transaction Report
Form 4
KAPLAN BETH J
Director
Transactions
- Award
Class A Common Stock
2023-07-11+22,066→ 564,886 total - Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−55,167→ 0 totalExercise: $5.10Exp: 2025-03-09→ Class A Common Stock (55,167 underlying)
Holdings
- 12,489(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [F1]On July 11, 2023, the Issuer canceled, pursuant to the Issuers Option Exchange Program, all options that had been tendered by the Reporting Person. In exchange for the options, the Reporting Person received 22,066 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock. The award of restricted stock units shall vest in eight equal quarterly installments over two years beginning on November 1, 2023, provided that the Reporting Person remains continuously employed on each vesting date.
- [F2]Held directly by SK Limited Partnership. The Reporting Person may be deemed to have voting and dispositive power over the shares held by SK Limited Partnership.
- [F3]Prior to cancellation, the option was fully vested and exercisable.