Jennifer Hyman - 26 Oct 2021 Form 3 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Cara Schembri as Attorney-in-fact for Jennifer Y. Hyman
Issuer symbol
RENT
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
3
Filing time
26 Oct 2021, 21:03:08 UTC
Previous filing
16 Sep 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RENT Common Stock 1,229,033 26 Oct 2021 Direct F1
holding RENT Common Stock 123,108 26 Oct 2021 Held by spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 327,128 $2.86 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 191,812 $2.38 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 53,421 $7.02 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 395,218 $7.66 Direct F2
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 280,606 $9.89 Direct F3
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 514,754 $7.01 Direct F4
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 603,606 $7.01 Direct F5
holding RENT Stock Option (Right to Buy) 26 Oct 2021 Common Stock 1,017,600 $6.76 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 129,314 restricted stock units ("RSUs"), each of which represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 10 substantially equal quarterly installments commencing on November 1, 2021. The RSUs have no expiration date.
F2 The option is fully vested and exercisable.
F3 The option vests and becomes exercisable as to the underlying shares in 48 substantially equal monthly installments, with the first of such installments vesting on March 1, 2018.
F4 The option vests and becomes exercisable as to the underlying shares in 48 substantially equal monthly installments, with the first of such installments vesting on March 1, 2019.
F5 The option vests and becomes exercisable as to 25% of the underlying shares on July 3, 2020 and in 36 substantially equal montly installments thereafter.
F6 The option vests and becomes exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal monthly installments thereafter.

Remarks:

Exhibit 24.1 - Power of Attorney.