DANIEL J. NOVA - 29 Oct 2021 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role: Director, 10%+ Owner
Signature: /s/ Cara Schembri as Attorney-in-fact for Daniel J. Nova
Issuer symbol: RENT
Transactions as of: 29 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2021, 21:00:57 UTC
Previous filing: 26 Oct 2021
Next filing: 03 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RENT	Common Stock	Conversion of derivative security		+47,885			47,885	29 Oct 2021	See Footnotes	F1, F2, F3
transaction	RENT	Common Stock	Other		-47,885	-100%		0	29 Oct 2021	See Footnotes	F2, F3, F4
transaction	RENT	Class A Common Stock	Other		+47,885			47,885	29 Oct 2021	See Footnotes	F2, F3, F4
transaction	RENT	Common Stock	Conversion of derivative security		+1,119,970			1,119,970	29 Oct 2021	See Footnotes	F1, F3, F5
transaction	RENT	Common Stock	Other		-1,119,970	-100%		0	29 Oct 2021	See Footnotes	F3, F4, F5
transaction	RENT	Class A Common Stock	Other		+1,119,970			1,119,970	29 Oct 2021	See Footnotes	F3, F4, F5
transaction	RENT	Common Stock	Conversion of derivative security		+3,088,560			3,088,560	29 Oct 2021	See Footnotes	F1, F3, F6
transaction	RENT	Common Stock	Other		-3,088,560	-100%		0	29 Oct 2021	See Footnotes	F3, F4, F6
transaction	RENT	Class A Common Stock	Other		+3,088,560			3,088,560	29 Oct 2021	See Footnotes	F3, F4, F6
transaction	RENT	Common Stock	Conversion of derivative security		+847,978			847,978	29 Oct 2021	See Footnote	F1, F7
transaction	RENT	Common Stock	Other		-847,978	-100%		0	29 Oct 2021	See Footnote	F4, F7
transaction	RENT	Class A Common Stock	Other		+847,978			847,978	29 Oct 2021	See Footnote	F4, F7

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
transaction	RENT	Series A Preferred Stock	Conversion of derivative security		-38,906	-100%		0	29 Oct 2021	Common Stock	38,906		See Footnotes	F1, F2, F3
transaction	RENT	Series C Preferred Stock	Conversion of derivative security		-2,541	-100%		0	29 Oct 2021	Common Stock	2,541		See Footnotes	F1, F2, F3
transaction	RENT	Series D Preferred Stock	Conversion of derivative security		-2,706	-100%		0	29 Oct 2021	Common Stock	2,706		See Footnotes	F1, F2, F3
transaction	RENT	Series E Preferred Stock	Conversion of derivative security		-1,962	-100%		0	29 Oct 2021	Common Stock	1,962		See Footnotes	F1, F2, F3
transaction	RENT	Series F Preferred Stock	Conversion of derivative security		-1,007	-100%		0	29 Oct 2021	Common Stock	1,007		See Footnotes	F1, F2, F3
transaction	RENT	Series G Preferred Stock	Conversion of derivative security		-763	-100%		0	29 Oct 2021	Common Stock	763		See Footnotes	F1, F2, F3
transaction	RENT	Series A Preferred Stock	Conversion of derivative security		-909,974	-100%		0	29 Oct 2021	Common Stock	909,974		See Footnotes	F1, F3, F5
transaction	RENT	Series C Preferred Stock	Conversion of derivative security		-59,422	-100%		0	29 Oct 2021	Common Stock	59,422		See Footnotes	F1, F3, F5
transaction	RENT	Series D Preferred Stock	Conversion of derivative security		-63,285	-100%		0	29 Oct 2021	Common Stock	63,285		See Footnotes	F1, F3, F5
transaction	RENT	Series E Preferred Stock	Conversion of derivative security		-45,897	-100%		0	29 Oct 2021	Common Stock	45,897		See Footnotes	F1, F3, F5
transaction	RENT	Series F Preferred Stock	Conversion of derivative security		-23,542	-100%		0	29 Oct 2021	Common Stock	23,542		See Footnotes	F1, F3, F5
transaction	RENT	Series G Preferred Stock	Conversion of derivative security		-17,850	-100%		0	29 Oct 2021	Common Stock	17,850		See Footnotes	F1, F3, F5
transaction	RENT	Series A Preferred Stock	Conversion of derivative security		-2,509,453	-100%		0	29 Oct 2021	Common Stock	2,509,453		See Footnotes	F1, F3, F6
transaction	RENT	Series C Preferred Stock	Conversion of derivative security		-163,867	-100%		0	29 Oct 2021	Common Stock	163,867		See Footnotes	F1, F3, F6
transaction	RENT	Series D Preferred Stock	Conversion of derivative security		-174,522	-100%		0	29 Oct 2021	Common Stock	174,522		See Footnotes	F1, F3, F6
transaction	RENT	Series E Preferred Stock	Conversion of derivative security		-126,571	-100%		0	29 Oct 2021	Common Stock	126,571		See Footnotes	F1, F3, F6
transaction	RENT	Series F Preferred Stock	Conversion of derivative security		-64,922	-100%		0	29 Oct 2021	Common Stock	64,922		See Footnotes	F1, F3, F6
transaction	RENT	Series G Preferred Stock	Conversion of derivative security		-49,225	-100%		0	29 Oct 2021	Common Stock	49,225		See Footnotes	F1, F3, F6
transaction	RENT	Series G Preferred Stock	Conversion of derivative security		-847,978	-100%		0	29 Oct 2021	Common Stock	847,978		See Footnote	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Upon the closing of the Issuer's initial public offering, each share of preferred stock automatically converted into shares of the Issuer's common stock on a one-for-one basis for no additional consideration.
F2	These shares are held of record by Highland Capital Partners VIII-B Limited Partnership ("Highland Capital VIII-B").
F3	Highland Management Partners VIII Limited ("HMP VIII Ltd") is the general partner of Highland Management Partners VIII Limited Partnership ("HMP VIII LP"), which is the general partner of each of Highland Capital VIII-B, Highland Capital VIII-C and Highland Capital VIII (collectively, the "Highland VIII Funds"). The Reporting Person is a Director of HMP VIII Ltd and may be deemed to have voting and dispositive power over the shares held by each of the Highland VIII Funds. The Reporting Person disclaims beneficial ownership of the securities held by each of the Highland VIII Funds, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.
F4	Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class A Common Stock in an exempt transaction pursuant to Rule 16b-7.
F5	These shares are held of record by Highland Capital Partners VIII-C Limited Partnership ("Highland Capital VIII-C").
F6	These shares are held of record by Highland Capital Partners VIII Limited Partnership ("Highland Capital VIII").
F7	These shares are held of record by Highland Leaders Fund I, L.P. ("HLF I"). The general partner of HLF I is Highland Leaders Fund I GP, L.P. ("HLF I GP LP"), whose general partner is Highland Leaders Fund I GP, LLC ("HLF I GP LLC"). The Reporting Person is a Managing Member of HLF I GP LLC and may be deemed to have voting and dispositive power over the shares held by HLF I. The Reporting Person disclaims beneficial ownership of the securities held by HLF I, except to the extent of the Reporting Person's pecuniary interest therein, and the filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.