Steven Clive Miller - Mar 3, 2025 Form 4 Insider Report for Warby Parker Inc. (WRBY)

Signature
/s/ Chris Utecht, Attorney-in-Fact
Stock symbol
WRBY
Transactions as of
Mar 3, 2025
Transactions value $
-$427,523
Form type
4
Date filed
3/6/2025, 06:02 AM
Previous filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRBY Class A Common Stock Award $0 +15.1K +8.41% $0.00 195K Mar 3, 2025 Direct F1, F2
transaction WRBY Class A Common Stock Tax liability -$153K -6.32K -3.24% $24.16 189K Mar 3, 2025 Direct F3
transaction WRBY Class A Common Stock Options Exercise $0 +27.7K +14.7% $0.00 216K Mar 4, 2025 Direct
transaction WRBY Class A Common Stock Sale -$275K -11.7K -5.4% $23.52 205K Mar 4, 2025 Direct F4, F5

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 WRBY Restricted Stock Units Award $0 -90.3K -50% $0.00 90.3K Mar 3, 2025 Class A Common Stock 90.3K Direct F6, F7
transaction WRBY Restricted Stock Units Options Exercise $0 -1.32K -100% $0.00 0 Mar 4, 2025 Class A Common Stock 1.32K Direct F6, F8, F9
transaction WRBY Restricted Stock Units Options Exercise $0 -5.1K -37.49% $0.00 8.49K Mar 4, 2025 Class A Common Stock 5.1K Direct F6, F8, F10
transaction WRBY Restricted Stock Units Options Exercise $0 -8.88K -11.54% $0.00 68.1K Mar 4, 2025 Class A Common Stock 8.88K Direct F6, F8, F11
transaction WRBY Restricted Stock Units Options Exercise $0 -10.6K -7.89% $0.00 123K Mar 4, 2025 Class A Common Stock 10.6K Direct F6, F8, F12
transaction WRBY Restricted Stock Units Options Exercise $0 -1.88K -2.08% $0.00 88.4K Mar 4, 2025 Class A Common Stock 1.88K Direct F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of fully-vested restricted stock units ("RSUs") comprising the reporting person's 2024 bonus award. Each RSU represents a right to receive one share of Class A Common Stock.
F2 Reduced by 2,257 shares to correct an error in the amounts previously reported.
F3 Represents shares of Class A Common Stock withheld by the Issuer to cover required tax withholding obligations in connection with the grant of RSUs in footnote 1.
F4 These share sales are required by the Issuer's equity compensation plan to cover taxes due on RSUs that vested.
F5 The price reported in Column 4 is an average execution price rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $23.52 to $23.53, 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 purchased at each separate price.
F6 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F7 The RSUs will vest in 48 substantially equal monthly installments beginning on January 1, 2025.
F8 This filing relates to the occurrence of a RSU vesting event.
F9 The RSUs will vest in 48 monthly installments beginning on January 1, 2021.
F10 The RSUs will vest in 48 monthly installments beginning on July 1, 2021.
F11 The RSUs will vest in 48 substantially equal monthly installments beginning on February 3, 2023.
F12 The RSUs will vest in 48 substantially equal monthly installments beginning on January 1, 2024.