Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-067386
Date:2021-11-29
Issuer: FIGS, INC. (FIGS)
Original Submission Date:

Reporting Person:

HASSON HEATHER L.
C/O FIGS, INC., 2834 COLORADO AVENUE
SUITE 100 SANTA MONICA, CA 90404

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-11-29 S 2,904 d $32.79 1,629,455 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 this form 4 concerns the vesting and settlement of restricted stock units ("rsus"), which serve to increase the number of shares of the outstanding capital stock of the issuer owned by the reporting person, and the related sale of shares required to satisfy the tax obligations owed in connection with the vesting and settlement of such rsus. see additional footnotes below for more information.
f2 represents the aggregate number of shares sold by the reporting person solely to cover required taxes and fees due upon the vesting and settlement of rsus. the reporting person did not sell or otherwise dispose of any of the shares reported on this form 4 for any reason other than to cover required taxes and fees.
f3 all but 8,338 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, as previously approved by the issuer's board of directors.
WhaleWisdom Logo

Elevate your investments