Alissa Hsu Lynch - Jan 1, 2025 Form 4 Insider Report for Honest Company, Inc. (HNST)

Role
Director
Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Stock symbol
HNST
Transactions as of
Jan 1, 2025
Transactions value $
$70,017
Form type
4
Date filed
1/3/2025, 08:52 PM
Previous filing
May 23, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Award $70K +9.35K +4.15% $7.49 234K Jan 1, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Non-Employee Director Compensation Policy, directors may elect to receive an award of restricted stock units (RSUs) in lieu of an annual cash retainer for their service on the board. In accordance with the reporting person's election, the reporting person was issued the RSUs for the fiscal year 2025. The RSUs vest in four installments: 2,337 RSUs on March 31, 2025, 2,337 RSUs on June 30, 2025, 2,337 RSUs on September 30, 2025 and 2,337 RSUs on December 31, 2025 and are payable in an equivalent number of shares of the Issuer's Common Stock.
F2 The number of shares of RSUs is equal to $70,000 divided by $7.49, the average of the closing price of the Issuer's Common Stock on the Nasdaq Global Select Market for the 30 trading days prior to the date of grant.
F3 Includes 145,189 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.