0001468327-23-000015.txt : 20230203
0001468327-23-000015.hdr.sgml : 20230203
20230203173731
ACCESSION NUMBER: 0001468327-23-000015
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230201
FILED AS OF DATE: 20230203
DATE AS OF CHANGE: 20230203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hyman Jennifer
CENTRAL INDEX KEY: 0001737388
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40958
FILM NUMBER: 23587580
MAIL ADDRESS:
STREET 1: 767 FIFTH AVENUE
STREET 2: C/O THE ESTEE LAUDER COMPANIES INC.
CITY: NEW YORK
STATE: NY
ZIP: 10153
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rent the Runway, Inc.
CENTRAL INDEX KEY: 0001468327
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990]
IRS NUMBER: 800376379
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 10 JAY ST
STREET 2: SUITE 900
CITY: BROOKLYN
STATE: NY
ZIP: 11201
BUSINESS PHONE: 212-206-1288
MAIL ADDRESS:
STREET 1: 10 JAY ST
STREET 2: SUITE 900
CITY: BROOKLYN
STATE: NY
ZIP: 11201
4
1
wf-form4_167546383767786.xml
FORM 4
X0306
4
2023-02-01
0
0001468327
Rent the Runway, Inc.
RENT
0001737388
Hyman Jennifer
C/O RENT THE RUNWAY, INC.
10 JAY STREET
BROOKLYN
NY
11201
1
1
0
0
CEO & Chair
Class A Common Stock
2023-02-02
4
C
0
7737
0
A
7737
D
Class A Common Stock
2023-02-02
4
S
0
7737
4.5105
D
0
D
Restricted Stock Units
2023-02-01
4
M
0
12931
0
D
Class B Common Stock
12931.0
51726
D
Class B Common Stock
2023-02-01
4
M
0
12931
0
A
Class A Common Stock
12931.0
1126206
D
Restricted Stock Units
2023-02-01
4
M
0
3180
0
D
Class B Common Stock
3180.0
34981
D
Class B Common Stock
2023-02-01
4
M
0
3180
0
A
Class A Common Stock
3180.0
1129386
D
Class B Common Stock
2023-02-02
4
C
0
7737
0
D
Class A Common Stock
7737.0
1121649
D
Class B Common Stock
Class A Common Stock
123108.0
123108
I
Held by spouse
Shares were converted to Class A common stock and sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction.
Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
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 $4.41 to $4.66, 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 sold at each separate price within the range set forth in this footnote.
Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in four remaining substantially equal quarterly installments.
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 do not expire.
Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in eleven remaining substantially equal quarterly installments.
/s/ Cara Schembri as Attorney in-
fact for Jennifer Y. Hyman
2023-02-03