Filing Details

Accession Number:
0001576942-21-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-19 17:38:14
Reporting Period:
2021-05-17
Accepted Time:
2021-05-19 17:38:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1576942 Stitch Fix Inc. SFIX Retail-Catalog & Mail-Order Houses (5961) 275026540
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1723026 C. Mike Smith C/O Stitch Fix, Inc.
1 Montgomery Street, Suite 1500
San Francisco CA 94104
Yes No 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 2021-05-17 40,000 $0.00 87,356 No 4 C Direct
Class A Common Stock Disposition 2021-05-17 16,600 $42.92 70,756 No 4 S Direct
Class A Common Stock Disposition 2021-05-17 23,400 $43.58 47,356 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2021-05-17 20,000 $0.00 20,000 $1.30
Class A Common Stock Class B Common Stock Acquisiton 2021-05-17 20,000 $0.00 20,000 $1.30
Class A Common Stock Class B Common Stock Disposition 2021-05-17 40,000 $0.00 40,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
123,804 2025-03-17 No 4 M Direct
538,364 No 4 M Direct
498,364 No 4 C Direct
Footnotes
  1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
  2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
  3. Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
  4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $42.23 to $43.22 per share. 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.
  5. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $43.23 to $44.12 per share. 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.
  6. Fully vested.
  7. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock; (ii) ten years following the effective date of the Issuer's initial public offering; or (iii) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
  8. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock (i) upon any transfer, whether or not for value (subject to certain exceptions), or (ii) in the event of the death or disability (as defined in the amended and restated certificate of incorporation of the Issuer) of the reporting person, shares of Class B Common Stock held by the reporting person or the reporting person's permitted estate planning entities will convert into Class A Common Stock.