Accession Number: | 0001468327-23-000015 |
Date: | 2023-02-01 |
Issuer: | RENT THE RUNWAY, INC. (RENT) |
Original Submission Date: |
HYMAN JENNIFER
C/O RENT THE RUNWAY, INC.
10 JAY STREET
BROOKLYN, NY 11201
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2023-02-02 | C | 7,737 | a | $0.00 | 7,737 | direct | ||
CLASS A COMMON STOCK | 2023-02-02 | S | 7,737 | d | $4.51 | 0 | direct |
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 Exercisable | Expiration 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 | 2023-02-01 | deemed execution date | M | 12,931 (d) | class b common stock 12,931 | $0.00 | 51,726 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2023-02-01 | deemed execution date | M | 12,931 (a) | class a common stock 12,931 | $0.00 | 1,126,206 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2023-02-01 | deemed execution date | M | 3,180 (d) | class b common stock 3,180 | $0.00 | 34,981 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2023-02-01 | deemed execution date | M | 3,180 (a) | class a common stock 3,180 | $0.00 | 1,129,386 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2023-02-02 | deemed execution date | C | 7,737 (d) | class a common stock 7,737 | $0.00 | 1,121,649 | 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 |
ID | footnote |
---|---|
f1 | shares were converted to class a common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction. |
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 $4.41 to $4.66, 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 rsus vest in four remaining substantially equal quarterly installments. |
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 rsus vest in eleven remaining substantially equal quarterly installments. |