Form Type: 4

SEC EDGAR Link
Accession Number:0001628280-22-022535
Date:2022-08-09
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 2022-08-09 A 960,177 a $0.00 2,074,066 direct
CLASS A COMMON STOCK 2022-08-09 0 $0.00 8,338 indirect
CLASS A COMMON STOCK 2022-08-09 0 $0.00 141 indirect
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
STOCK OPTION (RIGHT TO BUY) 11.79 2022-08-09 deemed execution date A 2,863,828 (a) 2032-08-08 class a common stock 2,863,828 $11.79 2,863,828 direct
Footnotes
IDfootnote
f1 these restricted stock units ("rsus") vest as to the shares of class a common stock underlying the rsus in 10 substantially equal quarterly installments, with the first installment vesting on november 4, 2022, provided that the final installment will vest on december 31, 2024, all subject to the reporting person's continued service through the applicable vesting date.
f2 all but 14,204 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.
f3 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.
f4 the option vests and becomes exercisable in 29 substantially equal monthly installments, with the first installment vesting on september 4, 2022, provided that the final installment will vest on december 31, 2024, all subject to the reporting person's continued service through the applicable vesting date.
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