Michael Mente - 20 Nov 2024 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Role: CO-CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Jodi Lumsdaine Chapin, attorney-in-fact
Issuer symbol: RVLV
Transactions as of: 20 Nov 2024
Net transactions value: -$8,044,595
Form type: 4
Filing time: 22 Nov 2024, 19:51:54 UTC
Previous filing: 06 Nov 2024
Next filing: 04 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+73,783		$0.000000	73,783	20 Nov 2024	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	$2,010,699	-60,327	-82%	$33.33	13,456	20 Nov 2024	By MMMK Development, Inc.	F2, F3, F4
transaction	RVLV	Class A Common Stock	Sale	$454,275	-13,456	-100%	$33.76	0	20 Nov 2024	By MMMK Development, Inc.	F2, F3, F5
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+88,053		$0.000000	88,053	21 Nov 2024	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	$2,152,510	-62,032	-70%	$34.70	26,021	21 Nov 2024	By MMMK Development, Inc.	F2, F3, F6
transaction	RVLV	Class A Common Stock	Sale	$911,516	-26,021	-100%	$35.03	0	21 Nov 2024	By MMMK Development, Inc.	F2, F3, F7
transaction	RVLV	Class A Common Stock	Conversion of derivative security	$0	+71,463		$0.000000	71,463	22 Nov 2024	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class A Common Stock	Sale	$2,460,837	-69,930	-98%	$35.19	1,533	22 Nov 2024	By MMMK Development, Inc.	F2, F3, F8
transaction	RVLV	Class A Common Stock	Sale	$54,759	-1,533	-100%	$35.72	0	22 Nov 2024	By MMMK Development, Inc.	F2, F3, F9
holding	RVLV	Class A Common Stock						73,000	20 Nov 2024	Direct

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	RVLV	Class B Common Stock	Conversion of derivative security	$0	-73,783	-0.23%	$0.000000	32,105,956	20 Nov 2024	Class A Common Stock	73,783	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class B Common Stock	Conversion of derivative security	$0	-88,053	-0.27%	$0.000000	32,017,903	21 Nov 2024	Class A Common Stock	88,053	By MMMK Development, Inc.	F1, F2
transaction	RVLV	Class B Common Stock	Conversion of derivative security	$0	-71,463	-0.22%	$0.000000	31,946,440	22 Nov 2024	Class A Common Stock	71,463	By MMMK Development, Inc.	F1, F2
holding	RVLV	Class B Common Stock						35,331	20 Nov 2024	Class A Common Stock	35,331	Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Shares of Class B common stock are convertible into an equal number of shares of Class A common stock at any time, at the election of the holder, and have no expiration date. On the dates indicated above, the reporting person sold the number of shares of Class B common stock indicated above, resulting in the automatic conversion of such shares into an equal number of shares of Class A common stock.
F2	The reporting person is a stockholder of MMMK Development, Inc. and has shared voting and dispositive power over the shares held by MMMK Development, Inc.
F3	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by MMMK Development, Inc. on December 11, 2023.
F4	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $32.65 to $33.64, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F5	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.65 to $33.86, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F6	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $33.94 to $34.935, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F7	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.94 to $35.26, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F8	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $34.665 to $35.655, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.
F9	The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $35.67 to $35.81, inclusive. The reporting person undertakes to provide to Revolve Group, Inc., any security holder of Revolve Group, Inc. 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 ranges set forth herein.