Turenshine Daniella 4
4 · FIGS, Inc. · Filed Oct 11, 2023
Insider Transaction Report
Form 4
FIGS, Inc.FIGS
Turenshine Daniella
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-10-11$0.81/sh+28,122$22,841→ 459,564 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-10-11−21,000→ 37,131 totalExercise: $0.46Exp: 2029-10-09→ Class A Common Stock (21,000 underlying) - Exercise/Conversion
Class A Common Stock
2023-10-11$0.46/sh+21,000$9,637→ 431,442 total - Sale
Class A Common Stock
2023-10-06$6.02/sh−4,201$25,272→ 410,442 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-10-11−28,122→ 10,317 totalExercise: $0.81Exp: 2030-09-16→ Class A Common Stock (28,122 underlying)
Footnotes (5)
- [F1]The reported sale occurred pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 3/16/2023.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.01 to $6.05 per share, inclusive. 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.
- [F3]All but 140,490 of these securities are Restricted Stock Units, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 570,737 shares of the Issuer's Class A Common Stock underlying vested options (inclusive of those reported in column 9 of Table II).
- [F4]All shares underlying this option have vested.
- [F5]This option vests and becomes exercisable in 48 equal monthly installments, with the first installment vesting on September 26, 2020. 34,683 shares underlying the option have vested.