4//SEC Filing
Hasson Heather L. 4
Accession 0001628280-24-050276
CIK 0001846576other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 8:05 PM ET
Size
7.9 KB
Accession
0001628280-24-050276
Insider Transaction Report
Form 4
FIGS, Inc.FIGS
Hasson Heather L.
DirectorExecutive Chair10% Owner
Transactions
- Sale
Class A Common Stock
2024-12-04$5.19/sh−3,076$15,955→ 381,076 total
Holdings
- 8,338(indirect: By Trust)
Class A Common Stock
- 141(indirect: By LLC)
Class A Common Stock
Footnotes (4)
- [F1]THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF CERTAIN SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
- [F2]REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON MAY 9, 2023, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.
- [F3]110,227 of these securities are RSUs, 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 2,814,480 shares of the Issuer's Class B Common Stock directly and indirectly through various trusts, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 14,850,681 shares of the Issuer's Class A Common Stock underlying vested options.
- [F4]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.
Documents
Issuer
FIGS, Inc.
CIK 0001846576
Entity typeother
Related Parties
1- filerCIK 0001843821
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 8:05 PM ET
- Size
- 7.9 KB