Filing Details

Accession Number:
0001104659-23-032310
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-14 16:33:00
Reporting Period:
2023-03-10
Accepted Time:
2023-03-14 16:33:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1504776 Warby Parker Inc. WRBY Ophthalmic Goods (3851) 800423634
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1883345 Harris Neil Blumenthal C/O Warby Parker Inc.,
233 Spring Street, 6Th Floor East
New York NY 10013
Co-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 2023-03-10 6,517 $0.00 6,623 No 4 C Direct
Class A Common Stock Disposition 2023-03-10 6,517 $11.04 106 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 2023-03-10 2,406 $0.00 2,406 $0.00
Class B Common Stock Restricted Stock Units Disposition 2023-03-10 4,545 $0.00 4,545 $0.00
Class B Common Stock Restricted Stock Units Disposition 2023-03-10 4,332 $0.00 4,332 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2023-03-10 11,283 $0.00 11,283 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-03-10 6,517 $0.00 6,517 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
16,807 No 4 M Direct
33,066 No 4 M Direct
4,214,577 No 4 M Direct
4,208,060 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 200,000 Indirect By Royal Blue Aries Trust
Class A Common Stock 200,000 Indirect By Tiffany Blue Gemini Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class B Common Stock Restricted Stock Units $0.00 928,282 928,282 Direct
Class A Common Stock Class B Common Stock $0.00 200,000 200,000 Indirect
Class A Common Stock Class B Common Stock $0.00 200,000 200,000 Indirect
Class A Common Stock Class B Common Stock $0.00 1,519,661 1,519,661 Indirect
Class A Common Stock Class B Common Stock $0.00 385,221 385,221 Indirect
Class A Common Stock Class B Common Stock $0.00 800,000 800,000 Indirect
Class A Common Stock Class B Common Stock $0.00 1,000,000 1,000,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
928,282 928,282 Direct
200,000 200,000 Indirect
200,000 200,000 Indirect
1,519,661 1,519,661 Indirect
385,221 385,221 Indirect
800,000 800,000 Indirect
1,000,000 1,000,000 Indirect
Footnotes
  1. These share sales are required by the Issuer's equity compensation plan to cover taxes due on restricted stock units ("RSUs") that vested.
  2. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
  3. This filing relates to the occurrence of a RSU vesting event.
  4. Represents a transfer of 1,000,000 shares of the Issuer's Class B Common Stock previously reported as directly held by the Reporting Person to Sky Scorpio Trust, which transfer was exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
  5. The RSUs will vest in 48 monthly installments beginning on January 1, 2019.
  6. The RSUs will vest in 48 monthly installments beginning on January 1, 2020.
  7. The RSUs will vest in 48 monthly installments beginning on January 1, 2021.
  8. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B Common Stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B Common Stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal,
  9. and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa.
  10. The RSUs will vest in 60 monthly installments beginning on July 1, 2021.