Filing Details

Accession Number:
0001628280-23-007010
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-08 16:34:26
Reporting Period:
2023-03-07
Accepted Time:
2023-03-08 16:34:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1846576 Figs Inc. FIGS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1820448 Eva Catherine Spear C/O Figs, Inc., 2834 Colorado Avenue
Suite 100
Santa Monica CA 90404
Chief Executive Officer Yes Yes Yes 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 2023-03-07 750,000 $6.32 757,073 No 4 P Indirect Held by the Catherine Spear Revocable Trust
Class A Common Stock Acquisiton 2023-03-08 40,000 $6.06 797,073 No 4 P Indirect Held by the Catherine Spear Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Held by the Catherine Spear Revocable Trust
No 4 P Indirect Held by the Catherine Spear Revocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 606,661 Direct
Class A Common Stock 141 Indirect Held by Hollywood Capital Partners LLC
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.25 to $6.41, 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 purchased at each separate price within the range set forth in this footnote.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.96 to $6.27, 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 purchased at each separate price within the range set forth in this footnote.
  3. All but 35,510 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person.
  4. 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.