Form Type: 4

SEC EDGAR Link
Accession Number:0001468327-22-000058
Date:2022-05-02
Issuer: RENT THE RUNWAY, INC. (RENT)
Original Submission Date:

Reporting Person:

HYMAN JENNIFER
C/O RENT THE RUNWAY, INC.
10 JAY STREET BROOKLYN, NY 11201

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 2022-05-02 C 9,456 a $0.00 9,456 direct
CLASS A COMMON STOCK 2022-05-02 S 9,456 d $6.27 0 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
RESTRICTED STOCK UNITS 0.0 2022-05-02 deemed execution date M 12,931 (d) class b common stock 12,931 $0.00 90,520 direct
CLASS B COMMON STOCK 0.0 2022-05-02 deemed execution date M 12,931 (a) class a common stock 12,931 $0.00 1,106,637 direct
RESTRICTED STOCK UNITS 0.0 2022-05-02 deemed execution date M 3,180 (d) class b common stock 3,180 $0.00 44,521 direct
CLASS B COMMON STOCK 0.0 2022-05-02 deemed execution date M 3,180 (a) class a common stock 3,180 $0.00 1,109,817 direct
CLASS B COMMON STOCK 0.0 2022-05-02 deemed execution date C 9,456 (d) class a common stock 9,456 $0.00 1,100,361 direct
CLASS B COMMON STOCK 0.0 deemed execution date 0 ( ) class a common stock 123,108 $0.00 123,108 indirect held by spouse
Footnotes
IDfootnote
f1 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.
f2 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.
f3 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.
f4 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.
f5 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.
f6 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.
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