Filing Details

Accession Number:
0001104659-21-030167
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-01 17:30:43
Reporting Period:
2021-02-25
Accepted Time:
2021-03-01 17:30:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1701114 Blue Apron Holdings Inc. APRN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1675052 F Linda Kozlowski C/O Blue Apron Holdings, Inc.
28 Liberty Street
New York NY 10005
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-02-25 12,099 $0.00 72,010 No 4 M Direct
Class A Common Stock Acquisiton 2021-02-25 998 $0.00 73,008 No 4 M Direct
Class A Common Stock Acquisiton 2021-02-25 1,327 $0.00 74,335 No 4 M Direct
Class A Common Stock Acquisiton 2021-02-25 1,994 $0.00 76,329 No 4 M Direct
Class A Common Stock Acquisiton 2021-02-25 3,989 $0.00 80,318 No 4 M Direct
Class A Common Stock Disposition 2021-02-26 8,721 $8.64 71,597 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2021-02-25 12,099 $0.00 12,099 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-02-25 998 $0.00 998 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-02-25 1,327 $0.00 1,327 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-02-25 1,994 $0.00 1,994 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-02-25 3,989 $0.00 3,989 $0.00
Class A Common Stock Performance Stock Unit Acquisiton 2021-03-01 100,000 $0.00 100,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
102,349 No 4 M Direct
11,968 No 4 M Direct
11,978 No 4 M Direct
11,969 No 4 M Direct
11,968 No 4 M Direct
100,000 No 4 A Direct
Footnotes
  1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
  2. The reported transaction relating to shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II resulted in the reporting person's realization of a short-swing profit under Section 16(b) of the Securities Exchange Act of 1934 amounting to $14,040.80. The reporting person has paid the full amount of the profit to the issuer.
  3. Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale does not represent a discretionary trade by the reporting person.
  4. Represents the weighted average sale price for shares sold in multiple transactions. Sale prices ranged from $8.6414 to $8.6980 per share. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
  5. On May 25, 2019, the reporting person was granted 193,572 RSUs, scheduled to vest over four years, with 3.38% of the RSUs vesting on May 25, 2019, 6.25% of the RSUs vesting in equal quarterly installments (on each August 25, November 25, February 25 and May 25) over the following 15 quarterly periods, and the remaining 2.87% of the RSUs vesting on May 25, 2023.
  6. On February 26, 2020, the reporting person was granted 15,957 RSUs, scheduled to vest over four years in quarterly installments, with 6.25% of the RSUs vesting on each May 25, August 25, November 25 and February 25 over the four-year period following February 26, 2020.
  7. On May 25, 2020, the reporting person was granted 15,957 RSUs, scheduled to vest over four years in quarterly installments, with 6.25% of the RSUs vesting on each August 25, November 25, February 25 and May 25 over the four-year period following May 25, 2020.
  8. On August 25, 2020, the reporting person was granted 15,957 RSUs, with 12.5% of the RSUs scheduled to vest on each of November 25, 2020 and February 25, 2021 and the remainder scheduled to vest thereafter in quarterly installments, with 6.25% of the remainder vesting on each May 25, August 25, November 25, and February 25 thereafter over the four-year period beginning on May 25, 2021.
  9. On November 25, 2020, the reporting person was granted 15,957 RSUs, with 25% scheduled to vest on February 25, 2021 and the remainder scheduled to vest thereafter in equal quarterly installments, with 6.25% of the remainder vesting on each May 25, August 25, November 25, and February 25 thereafter over the four-year period beginning on May 25, 2021.
  10. Each performance stock unit ("PSU") represents a right to receive one share of Class A Common Stock.
  11. On March 1, 2021, the reporting person was granted 100,000 PSUs. Vesting of 50%, 25% and 25% of the PSUs is subject to the issuer's Class A Common Stock achieving certain minimum unweighted closing prices per share averaged over a 30 consecutive trading day period prior to February 25, 2024. PSUs that meet the stock price targets referred to in the prior sentence will vest (i) 50% on the later to occur of (A) the date a stock price target is met and (B) February 25, 2022 and (ii) 50% on February 25, 2024. Any PSUs that have not achieved the performance targets by February 25, 2024 shall expire and have no further force or effect.