4//SEC Filing
Hyman Jennifer 4
Accession 0001468327-25-000074
CIK 0001468327other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 5:08 PM ET
Size
17.0 KB
Accession
0001468327-25-000074
Insider Transaction Report
Form 4
Hyman Jennifer
DirectorChair, CEO & President
Transactions
- Exercise/Conversion
Class B Common Stock
2025-05-01+159→ 57,910 total→ Class A Common Stock (159 underlying) - Sale
Class A Common Stock
2025-05-02$4.26/sh−3,244$13,819→ 121,021 total - Conversion
Class A Common Stock
2025-05-02+69→ 124,334 total - Sale
Class A Common Stock
2025-05-02$4.26/sh−69$294→ 124,265 total - Exercise/Conversion
Restricted Stock Units
2025-05-01−159→ 318 total→ Class B Common Stock (159 underlying) - Conversion
Class B Common Stock
2025-05-02−69→ 57,841 total→ Class A Common Stock (69 underlying)
Holdings
- 6,155(indirect: By Spouse)
Class B Common Stock
→ Class A Common Stock (6,155 underlying)
Footnotes (6)
- [F1]Shares of Class B common stock were converted to Class A common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
- [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 does not expire, but will convert automatically to Class A common stock as provided in the Issuer's Twelfth Amended and Restated Certificate of Incorporation.
- [F3]Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
- [F4]The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $4.17 to $4.33, inclusive. The amount reflected has been rounded to four decimal points. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer.
- [F6]Each restricted stock unit ("RSUs") represents the contingent right to receive one share of the Issuer's Class B common stock. The RSUs vest in two remaining substantially equal quarterly installments.
Documents
Issuer
Rent the Runway, Inc.
CIK 0001468327
Entity typeother
Related Parties
1- filerCIK 0001737388
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 5:08 PM ET
- Size
- 17.0 KB