Home/Filings/4/0001628280-23-017628
4//SEC Filing

Spear Catherine Eva 4

Accession 0001628280-23-017628

CIK 0001846576other

Filed

May 10, 8:00 PM ET

Accepted

May 11, 4:56 PM ET

Size

9.7 KB

Accession

0001628280-23-017628

Insider Transaction Report

Form 4
Period: 2023-05-09
Spear Catherine Eva
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Class A Common Stock

    2023-05-09+436,0471,042,708 total
  • Award

    Stock Option (Right to Buy)

    2023-05-09+833,334833,334 total
    Exercise: $7.91Exp: 2033-05-09Class A Common Stock (833,334 underlying)
Holdings
  • Class A Common Stock

    (indirect: By Trust)
    797,073
  • Class A Common Stock

    (indirect: By LLC)
    141
Footnotes (4)
  • [F1]These Restricted Stock Units ("RSUs") vest as to 1/16th of the shares of Class A Common Stock underlying the RSUs on September 1, 2023 and as to 1/16th of the shares of Class A Common Stock underlying the RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date.
  • [F2]All but 35,510 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person.
  • [F3]The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
  • [F4]The option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on June 9, 2023.

Issuer

FIGS, Inc.

CIK 0001846576

Entity typeother

Related Parties

1
  • filerCIK 0001820448

Filing Metadata

Form type
4
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:56 PM ET
Size
9.7 KB