Filing Details

Accession Number:
0001468327-22-000056
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-04 21:16:43
Reporting Period:
2022-05-02
Accepted Time:
2022-05-04 21:16:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1468327 Rent The Runway Inc. RENT Retail-Retail Stores, Nec (5990) 800376379
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1737388 Jennifer Hyman C/O Rent The Runway, Inc.
10 Jay Street
Brooklyn NY 11201
Chief Executive Officer 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 2022-05-02 9,456 $0.00 9,456 No 4 C Direct
Class A Common Stock Disposition 2022-05-02 9,456 $6.27 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C 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 Restricted Stock Units Disposition 2022-05-02 12,931 $0.00 12,931 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2022-05-02 12,931 $0.00 12,931 $0.00
Class B Common Stock Restricted Stock Units Disposition 2022-05-02 3,180 $0.00 3,180 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2022-05-02 3,180 $0.00 3,180 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-05-02 9,456 $0.00 9,456 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
90,520 No 4 M Direct
1,106,637 No 4 M Direct
44,521 No 4 M Direct
1,109,817 No 4 M Direct
1,100,361 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 123,108 123,108 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
123,108 123,108 Indirect
Footnotes
  1. Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction, resulting in the automatic conversion of the shares into Class AA Common Stock upon the execution of the sale.
  2. Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
  3. The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $6.15 to $6.45, 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.
  4. Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest in 16 substantially equal quarterly installments commencing on February 1, 2022.
  5. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock do not expire.
  6. Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The original award of RSUs vested or will vest as to 25% upon the Issuer's initial public offering and in 16 substantially equal quarterly installments thereafter. The RSUs have no expiration date.