Salinas Anushka 4
4 · Rent the Runway, Inc. · Filed Jul 13, 2023
Insider Transaction Report
Form 4
Salinas Anushka
President & COO
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−20,000→ 0 totalExercise: $7.01Exp: 2029-01-13→ Class A Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−200,000→ 0 totalExercise: $7.01Exp: 2029-07-02→ Class A Common Stock (200,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−20,000→ 0 totalExercise: $9.89Exp: 2028-03-07→ Class A Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−393,500→ 0 totalExercise: $6.76Exp: 2031-03-24→ Class A Common Stock (393,500 underlying) - Award
Class A Common Stock
2023-07-11+317,395→ 1,546,557 total - Disposition to Issuer
Stock Option (Right to Buy)
2023-07-11−160,000→ 0 totalExercise: $7.66Exp: 2027-03-01→ Class A Common Stock (160,000 underlying)
Footnotes (3)
- [F1]On July 11, 2023, the Issuer canceled, pursuant to the Issuers Option Exchange Program, all options that had been tendered by the Reporting Person. In exchange for the options, the Reporting Person received 317,395 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock. The award of restricted stock units shall vest in eight equal quarterly installments over two years beginning on November 1, 2023, provided that the Reporting Person remains continuously employed on each vesting date.
- [F2]Prior to cancellation, the option was fully vested and exercisable.
- [F3]Prior to cancellation, the option vested and became exercisable as to 25% of the underlying shares on March 1, 2022 and in 36 substantially equal monthly installments thereafter.