Jennifer Hyman - 01 May 2025 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Signature
/s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman
Issuer symbol
RENT
Transactions as of
01 May 2025
Net transactions value
-$14,113
Form type
4
Filing time
05 May 2025, 17:08:09 UTC
Previous filing
18 Mar 2025
Next filing
17 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hyman Jennifer Chair, CEO & President, Director C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN /s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman 05 May 2025 0001737388

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Conversion of derivative security $0 +69 +0.06% $0.000000 124,334 02 May 2025 Direct F1, F2
transaction RENT Class A Common Stock Sale $294 -69 -0.06% $4.26 124,265 02 May 2025 Direct F3, F4
transaction RENT Class A Common Stock Sale $13,819 -3,244 -2.6% $4.26 121,021 02 May 2025 Direct F3, 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 RENT Restricted Stock Units Options Exercise $0 -159 -33% $0.000000 318 01 May 2025 Class B Common Stock 159 Direct F6
transaction RENT Class B Common Stock Options Exercise $0 +159 +0.28% $0.000000 57,910 01 May 2025 Class A Common Stock 159 Direct F2
transaction RENT Class B Common Stock Conversion of derivative security $0 -69 -0.12% $0.000000 57,841 02 May 2025 Class A Common Stock 69 Direct F1, F2
holding RENT Class B Common Stock 6,155 01 May 2025 Class A Common Stock 6,155 Held by spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B common stock were converted to Class A common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
F2 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 does not expire, but will convert automatically to Class A common stock as provided in the Issuer's Twelfth Amended and Restated Certificate of Incorporation.
F3 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
F4 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 $4.17 to $4.33, inclusive. The amount reflected has been rounded to four decimal points. 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.
F5 Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer.
F6 Each restricted stock unit ("RSUs") represents the contingent right to receive one share of the Issuer's Class B common stock. The RSUs vest in two remaining substantially equal quarterly installments.